Ethereum RSI on H4 Continues Higher Highs: Bullish Signal

My analysis of ETH on the H4 timeframe shows that the RSI is continuing to form higher highs. This suggests that bullish momentum remains strong, as the RSI is confirming the price's uptrend. The persistent higher highs in RSI indicate sustained buying pressure, which could be a sign that the asset is still in a bullish phase.

Considering this, I believe the ongoing RSI pattern reinforces the possibility of the price climbing further, provided no significant bearish divergence or reversal signals appear. Traders should monitor the RSI for any signs of overbought conditions or divergence, but as long as the RSI continues to make higher highs, the overall bullish outlook remains valid.

It's important to integrate this RSI observation with other technical indicators and price action signals to make a well-informed trading decision. Relying solely on RSI can sometimes give a false sense of strength, so complementing it with support and resistance levels, volume, and trend analysis is essential for a comprehensive view.