Data: BTC's RSI rebounded after falling to the 30% oversold area

According to a chart released by independent analyst Markus Thielen, there is a clear divergence signal between Bitcoin's price and the Relative Strength Index (RSI). The RSI recently fell to the 30% oversold range, then rebounded to about 50%, while the BTC price also rose from near its low to about $64,645.

It is noteworthy that the purple downward trend line in the chart indicates that since the peak in June 2025 (around $125,000), BTC has been in a downward channel, and the current price is still under pressure from this resistance line. Whether it can effectively break through will be key to judging the subsequent trend.