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What Technical Indicators Are Often Cited by “Herding” Traders during a Crypto Sell-Off?

Herding traders often rely on simple, widely-followed technical indicators that reinforce the collective selling narrative. Common indicators include the breach of major support levels, such as key moving averages (e.g.

200-day MA). A rapid drop in the Relative Strength Index (RSI) below 30 signals an "oversold" condition, which paradoxically can trigger more selling as traders anticipate further downside.

Volume indicators showing a surge in selling volume also confirm the collective action.

What Technical Indicators Can Help Identify a “Dead Cat Bounce” in Crypto Trading?
How Does a “Hidden Bullish Divergence” Differ from a Standard Bearish Divergence?
How Can RSI Be Combined with Volume Analysis to Confirm a Dead Cat Bounce?
How Does the Relative Strength Index (RSI) Signal Weak Momentum during a Bounce?