Looking back at the moments when the market truly bottomed out in the past few cycles, you will notice a highly consistent phenomenon.

The ratio of BTCUSD / Gold almost always hits a phased low point simultaneously.

From my current judgment, gold is being overestimated, while Bitcoin is being underestimated.

History has repeatedly provided similar signals.
In 2022, during the Luna collapse, Bitcoin's RSI dropped below 30, and the market subsequently bottomed out;
In 2018, RSI < 30 corresponded to a phased bottom;
In 2015, the same applies.

And now, more critically, on the daily chart, BTC has begun to form a bullish divergence relative to gold,
which usually indicates that the short-term upward potential is gradually opening.

Remember, divergences only appear at the top or bottom.
And when they appear at a low point, the market is often quietly brewing the next phase of the trend.