Educational reference. Measured from 1011 recorded 1m bars of BIT (Bitcoin Futures) on Wednesday, October 7, 2026.
RSI crossed above 70 6 separate times during the session, and the typical visit lasted 1 minutes. Across the whole session it sat above 70 for 1.1% of the time, between 30 and 70 for 96.1%, and below 30 for 2.8%.
| Band | Share of session | Bars | Separate visits | Median visit | Longest visit | |
|---|---|---|---|---|---|---|
| Above 70 | 1.1% | 11 | 6 | 1 min | 5 min | |
| Between 30 and 70 | 96.1% | 972 | 21 | 27 min | 217 min | |
| Below 30 | 2.8% | 28 | 14 | 1 min | 6 min |
RSI compares the size of recent gains with recent losses, so a reading above 70 says buying has dominated the last 14 bars — not that price is high. A long stay above 70 is a market trending up, which is the opposite of the reversal the word 'overbought' suggests.
Here the reading entered overbought territory 6 times, with a median stay of 1 minutes and a longest of 5. A brief excursion above 70 that resolves in minutes is noise on this timeframe. A sustained one is the signature of a trend that is still running, and selling into it is how traders get run over.