[Analysis: Ethereum is extremely oversold, RSI at its lowest level since April's low]
BlockBeats news, on September 26, analysts stated that Ethereum's RSI (Relative Strength Index) is at its lowest level since ETH hit a low of $1,384 in April. Since then, ETH has risen by 189%, and the future trend is difficult to predict, but such a low RSI indicates that ETH is extremely oversold. Additionally, over $5.2 billion worth of ETH options are expiring today, marking one of the largest quarter-end expirations in history. The maximum pain point for ETH is around $3,800. After this settlement, ETH is expected to see subsequent upward momentum.