#比特币价格分析 Looking back at Bitcoin’s history, the RSI indicator has repeatedly and accurately signaled market turning points. Now, the RSI has once again entered the extremely oversold zone, which reminds me of the situations at the end of 2018 and in March 2020. At those times, market sentiment was similarly depressed, but significant rebounds soon followed. However, every cycle is different in its details, so we can’t simply apply past experience.
The current macro environment is complex, with geopolitical tensions and an uncertain global economic outlook. These factors may all impact Bitcoin’s trajectory. But from a technical perspective, an extremely oversold condition usually means most of the selling pressure has already been released.
I suggest that investors closely watch the market’s reaction in the coming weeks. If we see rising trading volume accompanying a price increase, that could be an early sign of a rebound. However, regardless of the situation, you should manage risk carefully and avoid blindly chasing highs. After all, in this market, anything can happen.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#比特币价格分析 Looking back at Bitcoin’s history, the RSI indicator has repeatedly and accurately signaled market turning points. Now, the RSI has once again entered the extremely oversold zone, which reminds me of the situations at the end of 2018 and in March 2020. At those times, market sentiment was similarly depressed, but significant rebounds soon followed. However, every cycle is different in its details, so we can’t simply apply past experience.
The current macro environment is complex, with geopolitical tensions and an uncertain global economic outlook. These factors may all impact Bitcoin’s trajectory. But from a technical perspective, an extremely oversold condition usually means most of the selling pressure has already been released.
I suggest that investors closely watch the market’s reaction in the coming weeks. If we see rising trading volume accompanying a price increase, that could be an early sign of a rebound. However, regardless of the situation, you should manage risk carefully and avoid blindly chasing highs. After all, in this market, anything can happen.