#比特币价格预测 Bitcoin has fallen from $126,000 to $80,500, and the RSI index has dropped to its lowest point in nearly three years. Such an extremely oversold condition indeed tends to trigger a rebound. Looking at the data, the weekly RSI is only 35. The last time it was at this level was in January 2023, when BTC was only $15,500-$17,000. Now it's at $80,500, indicating that this wave of decline is indeed fierce.

However, from a spectator's perspective, the most interesting part is the recent change in sentiment. After the Bank of Japan's rate hike was implemented, the market quickly reversed its mood, and the big influencers who had been silent for a month started calling for buys. Eugene, Banmu Xia, Arthur Hayes, and other well-known traders are collectively bullish, and even the usually low-profile OGs have come out to speak. Such consensus is quite rare.

The key point is that everyone's logic points in the same direction: under negative real interest rate policies, Bitcoin has room to rise. Based on the bullish target of $106,000, the market still believes there is a chance for a rebound. But after such extreme overselling, it could also continue to decline. Risks and opportunities often appear at these critical points. Let's see if it can hold this level next.