woonomic on Nostr: Fundamental Strength Indicator (tracking 17 on-chain and technical indicators) now in ...
Fundamental Strength Indicator (tracking 17 on-chain and technical indicators) now in the overheated zone. It's rare, second time since 2021.
Means we are in for a cool down period of a few weeks, doesn't mean things dump, means upward momentum is limited.
Mean reversion forces are stronger than momentum here.
Published at
2023-03-23 11:51:39Event JSON
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"tags": [],
"content": "Fundamental Strength Indicator (tracking 17 on-chain and technical indicators) now in the overheated zone. It's rare, second time since 2021.\n\nMeans we are in for a cool down period of a few weeks, doesn't mean things dump, means upward momentum is limited.\n\nMean reversion forces are stronger than momentum here.\n\nhttps://void.cat/d/RRzgKiQQe544fJ3ZR6g3Di.webp",
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