The day the market couldn't make up its mind — and all three RSI readings in oversold territory 📊
THE DAY IN A FEW LINES (07/11, ~21:00 CAT)
$BTC : US$ 75.803 | 24h +0,01% | 7d −3,1% | RSI-14 16,9
$ETH : US$ 2.237 | 24h +0,26% | 7d +0,01% | RSI-14 16,6
$SOL : US$ 89,81 | 24h −0,51% | 7d −8,0% | RSI-14 21,1
It was a sideways day, hugging the week's lows:
$BTC spent the day between US$ 75.601 and US$ 76.250,
$ETH barely moved in 7 days, and
$SOL was the weakest of the three, down −8% for the week. All three ended the day in oversold territory — selling pressure exhausted in the short term, but oversold conditions alone aren't a buy signal.
WHAT WAS CONFIRMED ✅
•
$BTC support at US$ 74.888 held all day — the 24h low was US$ 75.601, always above it.
•
$ETH maintained its relative strength: flat over 7 days (+0,01%) while
$BTC fell 3,1%.
WHAT WASN'T CONFIRMED ❌
• The morning thesis's bounce never appeared:
$BTC slid from US$ 76.107 at 10:00 to US$ 75.803, and the RSI plunged from 21,3 to 16,9.
• The
$ETH retest of the US$ 2.277–2.300 zone (the 19:00 strategy) hasn't happened yet — the price remains below it.
LEVELS FOR TOMORROW
$BTC : support at US$ 74.888 — if it breaks below with a 4h close, another leg down could begin; resistance at US$ 76.250, then the moving averages at US$ 77.400.
$ETH : support at US$ 2.206; resistance at US$ 2.277–2.300 — only a close above that range would change the tone.
$SOL : support at US$ 88,30; resistance at US$ 91,98 (20-period average).
Risk reminder: markets change overnight, and an oversold RSI can remain oversold for days. No position means no loss — patience is a position too.
Will we test support first tomorrow, or will we finally see a bounce? 👇
$BTC $ETH $SOL #Bitcoin #Ethereum #CriptoVisao