#比特币价格走势 Recently looked at a bunch of analyses on Bitcoin RSI indicators, feeling a bit confused but very curious🤔 I heard that BTC dropped from $126,000 to $80,500, and the RSI fell to its lowest in nearly three years... What does this really mean?

After looking into it, I realized that extremely oversold RSI might mean the price has fallen too much? It feels a bit like grocery prices being cut too aggressively, and sellers might start raising prices again😅 Traders are saying there's a high chance of a short-term rebound, and the Stochastic RSI also shows a very deep oversold condition.

But honestly, I’m still a bit nervous. The last time RSI was at this level was in January 2023, when Bitcoin was only $15,500-$17,000... Now it’s $80,500. Is it going to rebound or will it continue to fall? I feel like I need to learn more technical indicators to truly understand these signals😭

Can any experts explain why oversold RSI indicates a rebound opportunity? Is this indicator reliable? Appreciate your guidance!