A leading chain asset breaks through $901, but the RSI overbought signal rings the alarm for risk

LiquiditySurfer · 2026-01-05T14:40:11+00:00

A leading on-chain asset recently increased by over 2.5%, successfully breaking through $901, with a 24-hour trading volume of $2.02 billion. From a technical perspective, it may retest $926, but the RSI has already reached the overbought zone, indicating short-term correction pressure. The asset is still down 33.76% from its all-time high.

LiquiditySurfer

2026-01-05 14:40:11

Abstract generation in progress

【Crypto World】A certain leading on-chain asset has recently performed well, with its price rising over 2.5% to reach $906.60, successfully breaking through the key resistance at $901. Trading activity has also increased, with 24-hour trading volume soaring to $2.02 billion, up 22.97%.

From a technical perspective, this rally opens up the possibility of retesting $926. But it is worth noting that the Relative Strength Index (RSI) has now reached 74.35, entering the clearly overbought zone. What does this mean? There is short-term profit-taking pressure, and the price may pull back to around $891.62.

On a larger cycle scale, this asset still has a 33.76% decline space from its all-time high of $1370.55, indicating that the overall correction phase is still ongoing.

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AirdropNinja

· 20h ago

RSI is already at 74, still want to push higher? I think it's risky, this wave might crash down... --- It's the same old story, breaking a resistance and then bragging... sooner or later it will pull back --- Wait, still 34% away from the high? Then buying now just makes you the bag holder --- Such high enthusiasm is actually dangerous, a sign of a sell-off --- $906, I bet five bucks it will drop back below $890 within the week --- Chasing after overbought conditions, this is the mindset of a rookie --- I really don't dare to touch this overbought market --- Feels like another wave of correction is coming, just watch --- Why is it always like this? When it rises, it's a good opportunity; when it falls, it's the technicals... --- See you at 891, no need to think twice

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just_another_fish

· 01-08 04:37

RSI is at 74 and you're still chasing? That's why you're always getting cut... Wait for a pullback, brother.

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BankruptWorker

· 01-05 15:27

RSI is already at 74, do you still dare to chase? If this wave crashes down, it will really be disastrous.

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GhostWalletSleuth

· 01-05 15:10

RSI 74, still dare to chase? Are you looking for death? This is a typical high-position sucker play.

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GasOptimizer

· 01-05 14:59

RSI 74, still dare to chase? This wave could drop back to 891, that would be much more painful. --- Overbought and taking profits at the same time, everyone should honestly wait for a pullback. --- Still a long way from the all-time high, don’t be fooled by this small increase. --- 20 billion in trading volume is quite fierce, but the RSI signal can't be ignored. --- 926 is the target, but the RSI at 74 needs to drop first, that’s the pattern. --- If it’s really going up, why did the RSI become overbought so quickly? It feels a bit fake. --- Starting to wave while still in the recovery phase? Anyway, I don’t chase highs. --- Breaking 901 looks satisfying, but the short-term resistance is indeed significant.

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GateUser-75ee51e7

· 01-05 14:51

RSI is already at 74, and you're still daring to chase? Isn't that asking for death? Wait until it drops to around 891, then it's probably time to buy the dip.

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