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woonomic / Willy Woo
npub1clw…xhme
2023-03-23 11:51:39

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.

Author Public Key
npub1clwvhf87gsn20v02ywd9vda6gratnp3v3jrtxvc0ue0f7en5xhmq3xxhme