Summary
TLDR: Ether’s 14-week RSI has surpassed 70, indicating a potential parabolic bull run similar to previous instances.
Key Points
1. Ether’s 14-week RSI has exceeded 70, indicating a potential parabolic bull run in the cryptocurrency.
2. Previous instances of Ether’s RSI surpassing 70 have been associated with significant price increases.
3. Traders and investors may interpret this signal as a potential opportunity for profit in the Ether market.