#CEXvsDEX101 The monthly Relative Strength Index (RSI) for Ethereum has seen a historic decline, breaking its lowest levels since 2022, raising concerns among investors about further downturns. The last time the index recorded these lows, it was followed by a violent corrective wave that reshaped the entire market landscape. Now, with the $2000 barrier broken, traders are cautiously waiting to see if the same scenario will repeat or if Ethereum will find new support to save it from free fall. 🚨 Are we facing a golden buying opportunity or the beginning of a deeper downward wave? GameStop announced today that it will invest in Bitcoin as a treasury reserve asset. This statement came shortly after GameStop's fourth quarter earnings report for 2024, which showed a decline in sales volume.
Despite this concerning financial report, the Bitcoin announcement boosted the company's stock value by about 6%. Limited exposure to cryptocurrencies is expected to enhance the company's financial situation in 2025.