According to reports, the famous BTC long positions PlanB stated that the RSI indicator for Bitcoin has reached 70. Traditional investors generally use an RSI range of 30-70, and they may start to worry that BTC is now overvalued; however, the typical RSI range for Bitcoin is 40-90, and an RSI of 70 is slightly above average. RSI stands for Relative Strength Index, used to measure overbought and oversold.

📢 #Gate Square Writing Contest Phase 3#  is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
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💡 How to Participate?
1.Add the #TopContentChallenge# tag to your post.
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3.Post may include only the #TopContentChallenge# tag.
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📌 Rewards will be distribu

🎊 ETH Deposit & Trading Carnival Kicks Off!
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📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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🧠 #GateGiveaway# - Crypto Math Challenge！
💰 $10 Futures Voucher * 4 winners
To join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)