What to savor, if one must:
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HYPE’s 14-day Relative Strength Index (RSI) has soared above 70, a number that sends the uninitiated into paroxysms of “overbought” hysteria. How tiresome. The RSI, that momentum oscillator, merely signals strong bullish momentum-a suggestion, not a decree. Yet, the masses cling to their narratives like a liferaft in a sea of uncertainty.
In strong trending markets, the RSI can remain elevated for extended periods, mocking the pullback prophets. But who are we to argue with the drama of it all?
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2026-05-22 14:47