#比特币价格走势 Bitcoin has fallen from $126,000 to $80,500, a drop of 36%. This decline is really intense. Even more outrageous is that the RSI index has dropped to its lowest level in nearly three years, from 64 on the weekly chart directly down to 35. The last time this level appeared was in January 2023, when BTC was only $15,500-$17,000.

Traders currently hold two opposing views: some say this is a bottom signal, and a short-term rebound is very likely; others warn that the decline may continue. The Stochastic RSI shows an all-time high in oversold levels, which indeed opens up the possibility of a rebound.

But before entering, you need to think clearly—extreme oversold conditions don't necessarily mean a rebound is imminent; sometimes, you just keep digging at the bottom. This position is more of an observation opportunity to see if a real rebound can be confirmed later. At the very least, don’t go all-in blindly; waiting to see if the market gives a signal is a safer approach.