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In response to community users asking why oil prices have recently fallen while Bitcoin prices have shown a parabolic rise, crypto analyst Willy Woo stated that current oil prices are returning to the mean from a previous overbought state, while Bitcoin is showing a mean reversion trend from a locally oversold level. This change is more of a short-term technical adjustment and "does not require excessive interpretation."

Raoul Pal posted on the X platform that, despite the frustration surrounding cryptocurrencies and the purely technical analysts believing the market has ended, he disagrees. Global liquidity is the most important macro factor in history, with a correlation of 90% with BTC since 2012 and a correlation of 97% with NDX. Its annual growth rate is about 10%, with no signs of slowing down.GMI's financial condition leads global liquidity by about 6 months and remains accommodative. Overall liquidity in the U.S. has been suppressed during the standstill, becoming a bearish range. This indicator leads cryptocurrencies by about 3 months and has begun to accelerate since the low point three months ago. The business cycle is a key driver of earnings and risk, showing an accelerating trend.eSLR is the mechanism by which banks enhance liquidity through credit and absorbing government bond issuance. This liquidity is also on the rise and will further accelerate. Tax refunds entering bank balance sheets enhance the tendency for credit creation, thereby increasing liquidity. The U.S. will further cut interest rates, increasing disposable income and thereby raising risk appetite.The CLARITY Act is expected to pass, driving funds into the market. Many banks and asset management firms are eager to use this technology, and this act will address that. Stablecoins are accelerating in development, with issuance increasing by 50% last year and still accelerating. Trading volumes have reached trillions of dollars and continue to rise.The U.S. government's support for cryptocurrencies has reached an all-time high. Eventually, agencies will be put in place, greatly accelerating market development and creating a whole new total addressable market. The crypto market remains in a state of panic, with most indicators showing it is at one of the most oversold stages in history.The weekly DeMark indicator will provide very solid support in two weeks (this indicator is now available on Trading View). The daily DeMark indicator is also in an overlapping state. Any weakness that appears will complete the daily and weekly indicators, indicating the potential for a full trend reversal. The risk factor lies in how long oil prices remain high. The next two weeks are a key focus period. He believes the aforementioned factors will yield positive results, with expectations for further upward movement.

According to The Block, K33 pointed out in its latest analysis report that Bitcoin has entered the most extreme weekly oversold range in history after experiencing several months of selling pressure. This selling pressure primarily came from long-term holders and institutional investors, but recently, these selling pressures have begun to ease, and the market is showing signs of temporary stability.K33 noted that historical data shows that after similar extreme bearish cycles, Bitcoin often experiences a phase of rebound. The bottom formation phase still requires time, but extreme overselling, derivative deleveraging, and the recovery of long-term supply all point to a potential phase of rebound.However, the options market shows strong bearish sentiment, with investors paying high premiums for downside protection. The negative funding rates indicate that there is still ongoing demand for deleveraging among bulls or for establishing short positions.

10 Research published on platform X indicates that the current structure of the cryptocurrency market is changing. Altcoins overall remain relatively weak, while Bitcoin is in an oversold zone. However, at the same time, the market positions for crypto stocks and some selected altcoins are quietly shifting, with certain assets starting to outperform. Among them, Optimism (OP) is under pressure, with OP-USDT currently breaking below the 7-day and 30-day moving averages, showing a bearish technical outlook, and experiencing a decline of 24.4% over the past week.Additionally, the Base blockchain is gradually separating from the OP Stack, which means that the previous revenue-sharing partnership between the two has ended. Optimism has officially launched its first monthly token buyback plan, committing to use 50% of the remaining Superchain revenue to repurchase OP in the open market. The liquid staking protocol ether.fi has migrated all of its non-custodial operations to the OP mainnet to leverage its enterprise-grade scalability, providing some fundamental support for OP.

The founder of the Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that Yi Lihua continues to sell ETH to reduce leverage, predicting that the purpose is to lower the liquidation line to around 1500 (USD).Currently, this bomb has basically been defused. ETH has endured a concentrated reduction of 220,000 ETH in the last 13 hours, yet it remains oscillating around the 1900 line, indicating strong buying pressure in the market and a strong intention to repair the oversold condition. According to previous news, Jiang Zhuoer mentioned this morning that the current decline has been severely oversold, and he has bottomed out ETH at 1850 USD, noting that such an oversold condition is an opportunity that occurs only once in a year.

Bitcoin has just recorded its largest weekly decline since the FTX collapse at the end of 2022, and the weekly RSI has risen to (or touched) levels above the pressure point following the FTX event. It is important to note that an RSI bottom does not necessarily mean that prices will bottom out simultaneously, but it does indicate that the current market is in a severely oversold condition.

JPMorgan stated that momentum indicators show Bitcoin futures are oversold, while gold and silver futures are overbought, reflecting significant positions by institutional and momentum traders in precious metals.The bank noted that since then, retail investors have shifted from Bitcoin to gold and silver, and pointed out that based on the increasing allocations from private investors and central banks, the long-term price expectation for gold is between $8,000 and $8,500 per ounce.

According to a report by The Block, JPMorgan analysts indicate that Bitcoin futures appear to be oversold, while gold and silver futures have entered the overbought territory, as investors are increasingly favoring precious metals over Bitcoin in both retail and institutional channels.Despite the short-term risks facing precious metals, analysts remain optimistic about gold's long-term prospects. They state that the allocation ratio of gold is continuously rising among both private investors and central banks. Analysts reiterate that if households continue to replace long-term bonds with gold as a hedge against stocks, the allocation ratio of private investors to gold could rise from the current slightly above 3% to about 4.6% in the coming years. In this scenario, analysts believe that the theoretical price range for gold could reach between $8,000 and $8,500 per ounce.

According to Cointelegraph, traders expect a short-term rebound for Bitcoin, as data shows that the relative strength index (RSI) for BTC/USD is in an extremely "oversold" state, having dropped to its lowest level in nearly three years.Bitcoin has fallen 36% from its all-time high of $126,000 to $80,500, significantly impacting the RSI indicator on higher time frames. On the weekly chart, the RSI has dropped from a local high of 64 in September to its current level of 35, which was last seen in January 2023 when Bitcoin was trading around $15,500-$17,000.Analyst Jelle stated, "Historically, when the weekly RSI reaches this level, it is worth paying attention." He added, "Either we are close to the bottom, or we will soon experience a larger downward movement." Mister Crypto pointed out in a post on X on Friday that Bitcoin's stochastic RSI shows its oversold level is the deepest it has been throughout the entire cycle, indicating that "the possibility of a short-term rebound is very high."

Agent Garrett Jin stated that historically, the ETH/NASDAQ 100 index ratio has often bottomed around 0.11, which coincides with the RSI approaching the 30 "oversold" zone, indicating that ETH is in a bottom range. Looking ahead, the probability of Ethereum outperforming the NASDAQ 100 index in the coming months is increasing, with a target ratio between 0.16 and 0.22, suggesting an upside potential of approximately 50% to 100%.Given the high correlation between Ethereum and the NASDAQ 100 index, significant divergence is unlikely to persist. Mean reversion is inevitable, especially in the broader policy context where the U.S. may restart quantitative easing, directly distribute cash stimulus to households, and where SEC Chairman Gary Gensler is accelerating the migration of U.S. stocks on-chain to Ethereum. Additionally, the weekly chart shows that the relative strength index (RSI) of BTC/NASDAQ 100 index is severely oversold. The current RSI falling below 30 also indicates that Bitcoin is about to enter a strong bull market.Earlier reports indicated that the "BTC OG insider whale," which had been dormant for 8 years, once held over 50,000 BTC. Its operations have repeatedly synchronized with Trump's statements and U.S. policy trends, including a $500 million BTC short position set just hours before the "10.11" crash, yielding nearly $100 million in profit and attracting market attention. BitForex CEO Garrett Jin indicated that this address is associated with his clients. Furthermore, after the "BTC OG insider whale" increased its positions in ETH and SOL yesterday, the current prices have now fallen below the average price of their recent purchases. The current unrealized losses on long positions continue to expand, with total unrealized losses reaching $78.3 million and total position size around $694 million, with only $15.92 million in margin remaining. Its main long positions are: 5x ETH long position: position size $573 million, average price $3,147, unrealized loss $66.77 million (-58%), liquidation price $2,150; 5x BTC long position: position size $85.18 million, average price $91,500, unrealized loss $6.32 million (-37%); 20x SOL long position: position size $31.57 million, average price $135, unrealized loss $5.21 million (-292%).

Cryptocurrency analyst @ali_charts posted on social media that Bitcoin's Relative Strength Index (RSI) has entered the extreme oversold territory. In the last two similar situations, the market quickly rebounded.

According to Jinshi News, Janney Montgomery Scott Chief Investment Strategist Mark Luschini stated that the adjustment in the U.S. stock market that began in late October does not seem to be completely over. The market has shown oversold conditions, creating the potential for a technical rebound, but the upcoming economic data will be a decisive factor. This data, which may affect the Federal Reserve's interest rate cut expectations, will determine the strength of the rebound or whether a deeper correction is needed to attract buyers.

Matrixport released a chart stating that, from a technical perspective, Bitcoin is approaching the oversold area, which has historically been a high-frequency rebound zone. However, to determine whether the downtrend has come to an end and the market has entered a recovery phase, historical experience often suggests waiting for a clearer stop-loss signal from the daily chart, which has not yet appeared in the current market.In terms of position, Bitcoin has retraced to the risk zone we previously indicated based on on-chain signals and changes in market structure. The current price level has a certain appeal for "buying on dips." However, to establish a more sustained upward trend, it still relies on new macro-positive factors to take over, which are currently insufficient. Some technical indicators, including the RSI, have shown signs of stabilization and recovery, but to confirm that the market has completed its bottoming process, it may still need to undergo a further deleveraging and clearing of positions led by the spot market.

ChainCatcher news, according to official sources, Ajna Capital has included SuperSol in its growing next-generation blockchain portfolio.It is reported that SuperSol is a native Layer-2 solution built specifically for the Solana blockchain and is one of several strategic projects supported by Ajna Capital, aimed at driving scalable on-chain growth for Solana.

ChainCatcher message, CryptoQuant analyst stated, "The market has entered an oversold zone after a significant pullback. Even without further drastic declines, the selling pressure in the market has been fully released, making it a favorable area for potential upward movement without the need for further significant drops."Oversold is a term in technical analysis that refers to an asset or market that has been excessively sold due to a prolonged decline, causing the price to fall below its fair or historical average level.

ChainCatcher news, Alliance DAO founder and core contributor Qiao Wang posted on platform X, stating that the current oversold level of ETH is similar to the levels after the 2021 Terra collapse, the deep bear market in 2018 (when prices fell to double digits), and the DAO hack in 2016. At such an oversold level, it's hard not to think about buying in.

ChainCatcher message, according to Ali's monitoring, based on funding rates, SOL, HBAR, and ENA are currently severely oversold assets.

ChainCatcher news, Matrixport released today's chart showing that the Relative Strength Index (RSI) of Ethereum has fallen to a historical low, approaching the extreme oversold zone. This typically indicates that after a significant recent pullback, the ETH price may have conditions for a rebound.In addition, the Ethereum Pectra upgrade is scheduled to launch in March 2025, which is expected to significantly enhance the network's scalability, efficiency, and user experience. This upgrade will merge the originally planned Prague and Electra versions to create a more powerful technical update.Before the official launch of the upgrade in March, the market expects multiple testnet announcements, which could serve as positive factors to boost market sentiment. Although past Ethereum upgrade events often accompanied "sell the news" trends, under the current oversold context, this upgrade may create opportunities for the ETH price to rebound.

ChainCatcher news, Mechanism Capital partner Andrew Kang posted on social media that ETH may currently be oversold, and it is worth buying now, potentially rebounding to $2700.