The crypto assets map by RSI on January 29: again a good time for purchases across a range of assets. But, of course, few will buy them. Some are scared, some have nothing to buy.
What do the #Coinglass data say? Very similar data were in our reviews on September 9 and September 16.
And on September 9, we wrote - 'if altseason is to start, it should start from such values.' You can look at the charts of most assets from that date and measure the path they have traveled from September to the highs in November. That's tens, and in some cases hundreds of percent growth. After all, the good old RSI is a good thing.