Oversold Market
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X @Unipcs (aka 'Bonk Guy') 🎒
Unipcs (aka 'Bonk Guy') 🎒· 2025-11-21 14:02
Market Sentiment & Analysis - The industry observes that many analysts reduce their visibility during market downturns, a behavior the industry finds unhelpful for the community [1] - The industry acknowledges the inherent risk of criticism in market analysis and the necessity to accept potential inaccuracies [2] - The industry emphasizes the importance of courage and boldness in offering perspectives, especially during times of widespread fear [3] - The industry notes the difficulty in discerning valuable information from noise during market declines due to competing narratives [4] Technical Analysis & Market Condition - The industry suggests the market is currently in an oversold condition, but bottom formation typically requires time [4] - Historical data indicates that Bitcoin's RSI dropping below 30 since Q4 2022 has generally been followed by upward price movement [5]
X @Raoul Pal
Raoul Pal· 2025-11-21 13:58
RT Julien Bittel, CFA (@BittelJulien)Everyone is suddenly back to debating who to unfollow because this whole space has turned on itself yet again, so here is my take…I usually stop following accounts that pump out views when everything is going up and then disappear the moment things turn down, right when the community needs them most.Most step back because they do not want to be ridiculed. I get it. None of us do. But if you are in this game, it comes with the territory. You have to learn to take the hits ...