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Bitcoin's RSI has smashed straight through 30 this time, firmly entering the market capitulation zone. Looking back at history, the last time it dropped this deep was at the beginning of 2023, when the price was hovering around the $25,000 level. The pattern over the past three years is quite clear—whenever the RSI breaks below 30, it's basically a signal of a short-term bottom, usually followed by a decent rebound.



Don't get me wrong, this doesn't mean an immediate reversal is coming. But for it to fall to this level, the panic selling has pretty much been flushed out. Now we're just waiting for a confirmation of the bottom; if one day there's a sudden surge in volume and a sharp move up, the rebound could be stronger than you expect. The same logic applies to Ethereum—the price action is following a similar pattern.
BTC4.05%
ETH3.1%
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MeltdownSurvivalistvip
· 6h ago
In 23 years, only 25,000, and now this position is equivalent to going back to before the liberation... However, history does have some规律性.
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BugBountyHuntervip
· 6h ago
The historical pattern is there, and the RSI breaking 30 really doesn't happen often. This time the bottom signal feels quite strong. --- Wait for confirmation of the stop decline, when the rebound strength will definitely exceed expectations. --- The panic selling has been cleared out, just waiting for a trigger point. --- The rise from that wave in 2023 has all returned; this time should be about the same. --- The key still lies in the Trading Volume; higher trade volumes are the real signal. --- ETH is falling in sync, indicating that the overall market bottoming strategy is consistent. --- The RSI thing really follows historical patterns; it's strange if it breaks 30 and doesn't rebound. --- It's still too early to buy the dip now; let's wait a bit longer for the stop decline Candlestick.
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TestnetFreeloadervip
· 6h ago
I also experienced the wave of 25,000 in 2023, but this time it feels different, the market mentality has completely changed.
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