#CryptoRoundTableRemarks
The Relative Strength Index (RSI) is used by traders to analyze market momentum and make informed decisions about entry and exit points from trades. When trading in a bullish market, traders typically wait for the indicator to show an overbought condition (reading above 70), then monitor the RSI's drop below the 50 level, which may indicate a long-term buying opportunity as the upward trend continues.
In bearish markets, a rise in the RSI reading toward 50 after an oversold condition (reading below 30) may be used as a sell signal or to strengthen short positions.