Oversold Signals Suggest a Bounce May Be Near

[johnblockbuster]

Javon Marks points out that the OTHERS.D chart, representing non-top-10 altcoins, has entered the deepest oversold level ever recorded on the monthly RSI. This could indicate exhausted selling pressure and the possibility of a short-term bounce or reversal. Despite this, investor sentiment remains cautious, with the Altcoin Season Index still below 50.