
The cryptocurrency market remains subdued at the moment, with few major price catalysts present to push prices in either direction. However, Bittensor (TAO) and Artificial Superintelligence Alliance ( FET ) are operating in the overbought zone, making them susceptible to a possible significant reversal. Indeed, these assets have shown short-term rallies that may tempt traders into chasing green candles. Still, the overbought conditions often precede a stall or pullback. Notably, these conditions are highlighted by the Relative Strength Index ( RSI ) readings. The RSI measures recent price momentum on a scale of 0 to 100. A reading above 70 signals overbought conditions, suggesting a potential slowdown or pullback. While not a guaranteed reversal, it often serves as a warning for traders to proceed cautiously or consider taking profits. Artificial Superintelligence Alliance FET, currently trading at $0.615, has surged 12.64% over the past 24 hours. However, its 12-hour RSI is 75.42, well above the overbought threshold of 70. FET price and RSI chart. Source: Coinglass Despite the short-term gains, the high RSI suggests that buying pressure has likely peaked, and a correction may be on the horizon. FET’s rally aligns with the broader momentum surrounding artificial intelligence (AI) assets. These assets have seen significant buying interest during the recent market dip, partly spurred by a CoinGecko report highlighting AI as one of the most popular crypto themes. The report showed that AI tokens had a combined market interest of 24.5%, surpassing meme coins and fueling this short-term rally. Bittensor Meanwhile, Bittensor currently has a 12-hour RSI of 75.05, which also signals a potential slowdown in momentum. Despite a 9.47% gain over the past 24 hours, the elevated RSI suggests the recent rally may be losing steam. TAO price and RSI chart. Source: Coinglass Similar to FET, TAO’s surge follows renewed interest in AI-related tokens. However, with momentum indicators flashing warnings, traders may want to wait for a pullback or clearer confirmation before entering new positions. While technical indicators point to a cautionary picture, fundamentals around both assets suggest they may continue gaining momentum in the short term. As it stands, AI tokens are benefitting from renewed enthusiasm sparked by Nvidia (NASDAQ: NVDA ) CEO Jensen Huang’s visit to Beijing, where he reaffirmed the company’s commitment to the Chinese market despite U.S. export bans on its H20 chip. The move reassured investors and boosted confidence in the broader AI sector. Nevertheless, beyond both technicals and fundamentals, the next trajectory for FET and TAO will also depend on the direction of the broader crypto market. Featured image via Shutterstock The post 2 overbought cryptocurrencies to avoid trading next week appeared first on Finbold .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Whale Accumulation and Institutional Interest in Bitcoin May Signal Possible Market Shift

The recent surge in Bitcoin whale activity signals a potential shift in market dynamics, with significant acquisitions hinting at strategic long-term holding. Amidst declining market liquidity, new investors are recognizing Finbold

ETH Price Analysis: Ethereum Drop to $1100 Not Impossible
Ethereum continues to suffer from extremely low market activity, with its price exhibiting minimal volatility – a concerning bearish signal. This stagnant behavior increases the likelihood of sellers pushing the cryptocurrency below the critical $1.5K support level in the coming weeks. Technical Analysis By Shayan The Daily Chart Ethereum continues to hover above the critical $1.5K support region, a long-standing psychological and structural level that has held since January 2023. However, the market currently exhibits extremely low activity, with the price consolidating in a muted, sideways manner. This lack of volatility and momentum suggests a state of uncertainty, with neither buyers nor sellers showing dominance. Such conditions often precede significant moves, as the market builds up energy awaiting new supply or demand. From a technical standpoint, bearish sentiment dominates the current price action. Should renewed selling pressure emerge, a decisive break below the $1.5K mark could trigger a cascade toward the $1.1K level. Still, a short-term corrective retracement toward the $1.8K resistance zone remains a possibility before sellers mount another attempt to breach the $1.5K support. The coming days are crucial, as price action around this level will likely dictate the direction of Ethereum’s next major trend. Source: TradingView The 4-Hour Chart On the 4-hour timeframe, Ethereum’s tight-range consolidation is clearly visible. The price is currently trapped between the $1.5K support and the upper boundary of the descending channel at $1.6K, reflecting a market in equilibrium. This balance suggests hesitation from both buyers and sellers. A breakout from this narrow range will be pivotal. If Ethereum manages to breach the $1.6K upper boundary, a short-term rebound toward $1.8K could materialize. Conversely, a breakdown below the $1.5K level will likely spark a significant downward move, potentially driving the price toward $1.1K in the mid-term. Source: TradingView Onchain Analysis By Shayan The funding rates metric serves as a crucial indicator of sentiment in the futures markets. Analysing its recent behaviour offers key insights into Ethereum’s potential next moves. Notably, both the price and the funding rates have been mirroring the patterns observed during the September to November 2024 period, a phase marked by prolonged consolidation and deep corrections that ultimately preceded a strong bullish rally. Such market conditions often reflect smart money accumulation, as informed investors take advantage of panic-driven selling and widespread distribution among retail participants. Currently, funding rates have dropped to near-zero values and are consolidating, suggesting that the market may once again be entering an accumulation phase. However, it is important to note that within such phases, further downside remains possible. The price may dip lower before a meaningful rebound occurs, offering even more attractive levels for accumulation by long-term investors. Source: CryptoQuant The post ETH Price Analysis: Ethereum Drop to $1100 Not Impossible appeared first on CryptoPotato . Finbold