#交易分析101 RSI Indicator: Assessing Overbought and Oversold Conditions

The Relative Strength Index (RSI) is a powerful tool for trading analysis on Binance, used to measure whether the market is overheated. The RSI value ranges from 0 to 100, with values typically above 70 indicating overbought (potential decline) and below 30 indicating oversold (potential rebound). In the Binance technical analysis interface, after adding RSI, observe its correlation with price. For example, if the price reaches a new high but RSI declines, it may signal a 'divergence', suggesting a potential trend reversal. Beginners using RSI should not just look at the numbers but should assess them in conjunction with the overall trend.