According to @CNBC, the outlet published a new screen of the most overbought and oversold S&P 500 stocks as 2026 begins, giving traders a timely list to identify potential mean-reversion or momentum opportunities; source: CNBC, Jan 3, 2026. Traders typically use overbought/oversold readings as timing inputs alongside risk management because extremes can persist in strong trends, with RSI 70/30 levels widely referenced for entries and exits; source: Investopedia, Relative Strength Index (RSI), accessed Jan 2026. Given documented periods of elevated correlation between U.S. equities and crypto, S&P 500 risk-on/off swings are relevant for BTC and ETH positioning and model inputs; source: International Monetary Fund (IMF), Global Financial Stability Note on crypto–equity correlations, 2022.

According to @CryptoCred, ETH is exhibiting a hidden bullish divergence as price forms higher lows while RSI shows lower lows, indicating underlying strength remains intact (source: @CryptoCred on Twitter, June 2024). The recent dip below $2,400 is considered a local bottom, with technical analysis suggesting a potential rally toward the $2,700-$2,800 range. Traders are monitoring these levels closely, as a breakout could trigger renewed bullish momentum in the Ethereum and broader altcoin markets. This technical setup is drawing increased attention amid ongoing volatility in the crypto market.

According to Crypto Rover, a bearish divergence has been identified on Bitcoin’s recent price action, signaling potential downward momentum in the near term (source: Twitter @rovercrc, May 11, 2025). Crypto Rover highlights that technical indicators such as the RSI are showing bearish divergence, which historically precedes price corrections. Traders are advised to monitor support levels closely and adjust risk management strategies, as such patterns often lead to increased volatility and potential short-term sell-offs in the crypto market.