Ethereum has experienced its most oversold day in history, with Bitcoin's oversold level surpassing the "1011 flash crash."

BlockBeats News, June 6, according to market data, the daily RSI (Relative Strength Index) of the ETH/USDT trading pair on Binance is currently at 13.29, the lowest value ever recorded for this indicator, surpassing the on-chain cascading liquidation period in June 2022.

On Binance, the daily RSI of the BTC/USDT trading pair is now 15.41, surpassing the data from the 2011 major crash (16.15), equivalent to the level in March 2020, and second only to November 2018.