RSI (14d)
Wilder's Relative Strength Index on daily closes. Overbought above 70, oversold below 30.
Understanding this chart
The Relative Strength Index (J. Welles Wilder, 1978) measures the speed of recent price changes: it compares the average size of up-days against down-days over the last 14 days and maps the result to a 0–100 scale. Persistent buying pushes it toward 100, persistent selling toward 0.
The standard reading: above 70 is "overbought" (the rally is stretched and prone to a pause), below 30 is "oversold" (selling is exhausted). In strong crypto bull markets the daily RSI can pin above 70 for weeks, so overbought is not an automatic sell — the more reliable signals are oversold readings during established uptrends, and divergences, where price makes a new high but RSI makes a lower high, hinting momentum is fading.
RSI is a fast momentum gauge, best for timing within a trend. It says nothing about valuation — pair it with the slower metrics (risk, Mayer) for the bigger picture.