Let’s look at the charts ... but the RSI near the midpoint suggests that the momentum is slowing down. If the price plunges below the 20-day EMA, the AAVE/USDT pair could drop to $261.

BTC/USD 1-day chart with perp basis. Source: Daan Crpyto Trades/X Another bullish event in the making came courtesy of Bitcoin’s relative strength index (RSI) indicator on daily timeframes.