#我在Gate广场过新年 Is the bottom-fishing opportunity here after the oversold condition?
Bitcoin's continuous plunge has pushed the market into extreme pessimism. Currently, Bitcoin's price has not only broken below the key psychological level of $70,000 but also pierced through the ETF average holding cost and MSTR's cost basis. The technical indicators show a severe oversold state: the monthly MACD death cross continues to deepen, the CCI indicator has fallen below -120, and the KDJ indicator forms a typical bearish alignment.
Market prediction platforms indicate that there is an 82% chance Bi