K33's analysis report indicates that Bitcoin, after experiencing selling pressure, has entered an extreme oversold zone, and recent selling pressure has decreased, showing signs of market stability. Historical data suggests that after cycles of extreme pessimism, Bitcoin tends to recover, although forming a bottom may take time, but overselling and supply recovery suggest rebound opportunities. However, the options market still shows a strong bearish sentiment.
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K33's analysis report indicates that Bitcoin, after experiencing selling pressure, has entered an extreme oversold zone, and recent selling pressure has decreased, showing signs of market stability. Historical data suggests that after cycles of extreme pessimism, Bitcoin tends to recover, although forming a bottom may take time, but overselling and supply recovery suggest rebound opportunities. However, the options market still shows a strong bearish sentiment.
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