The cryptocurrency market is bearish overall, but certain assets are experiencing capital inflows and becoming overbought. Finbold has identified Bitcoin Cash (BCH) and Jito (JTO) as two assets that investors should avoid due to their overbought status. BCH has seen a rally and is trading at $385, but its RSI levels indicate possible overextension and a potential price correction. JTO is also on an upward trajectory and has entered the overbought zone, but caution is advised due to potential downward pressure. The next investment decisions for BCH and JTO will depend on the overall market trajectory.
Content Editor ( finbold.com )
- 2025-03-05
2 overbought cryptocurrencies to avoid buying now
