Публикация

#BTCETHExtremeOversold — Paraphrased Version Bitcoin and Ethereum have entered deeply oversold territory, with both assets flashing rare signals not seen since the COVID-era crash. Bitcoin’s daily RSI dropped to 17 on June 4 — one of the lowest readings in the past decade — while Ethereum matched that level, even falling below its February 2026 crash point. At the same time, the Fear & Greed Index has plunged to 12, signaling extreme fear across the market. The last time all these indicators aligned this way was back in March 2020. The recent selloff has been sharp and aggressive. Over the past 30 days, Bitcoin has fallen more than 18% from its $78,436 high. Ethereum has broken below the $2,000 level for the first time in months, touching lows near $1,666. Meanwhile, the total crypto market cap has dropped to $2.18 trillion — nearly half of last year’s $4.28 trillion peak. Adding to the pressure, ETF outflows for BTC and ETH have surpassed $3 billion over a 10-day stretch, while large holders (whales) offloaded करीब 25,000 BTC in just one week. Several negative catalysts hit the market back-to-back. Strategy sold a small amount of Bitcoin — its first sale since 2022 — which shook sentiment more than fundamentals. A security concern around ZEC’s Orchard upgrade triggered fear in privacy coins and spread uncertainty. Strong U.S. jobs data (NFP at 172,000) reduced expectations for rate cuts, tightening financial conditions. At the same time, Bitcoin miners are under stress, with daily profits turning negative across major mining hardware, raising concerns about potential shutdowns. Despite the heavy downside, extreme oversold conditions often carry significance. Historically, an RSI at these levels has marked major bottoms, with Bitcoin trading at a deep discount relative to gold. Miner breakeven levels are being tested — a phase that has previously aligned with final capitulation events. Much of the leveraged positioning has already been wiped out, and retail traders have largely been forced out. That said, there’s still no clear confirmation of a reversal yet #NFPB