ETH Monthly RSI Approaches Cycle Top?

Ethereum is showing strong momentum on the monthly timeframe, pushing toward levels not seen since its previous all-time highs. However, a critical technical indicator, the Monthly RSI is currently at 65 and steadily approaching its historically reliable sell zone between 83–85.

Key Observations:

-The monthly RSI has been capped by a descending trendline resistance since 2017.
-Each time RSI touched this resistance — in 2017 and 2021 — ETH reached a cycle peak, followed by a significant multi-month correction.
-Price is rallying strongly, but RSI still has room to rise before hitting the critical 83–85 zone.

Historical Pattern:

-2017: RSI rejection led to a ~90% decline.
-2021: RSI rejection triggered a ~75% drawdown.
-Now (2025): RSI is climbing toward this zone for the third time, potentially signaling a major profit-taking window once reached.

When the RSI reaches the trend resistance level of 83–85, the price could potentially touch the $7,500–$9,000 range.

Cheers
Hexa