Extreme Oversold Opportunity in Bitcoin Pegged to Silver Market Capitalization

AirdropHunterZhang · 2026-02-12T16:01:40+00:00

The Bitcoin market currently exhibits complex technical characteristics, with a price of $67.42K, up 1.71% in 24 hours. The RSI indicator has fallen to pandemic lows, and the crypto fear index is approaching historical lows, reflecting extreme market pessimism. This decline is not driven by systemic risk but by a collapse in sentiment. Institutional funds continue to flow in, and the phenomenon of chip locking is intensifying, creating strong certainty. Market liquidity is sufficient, which may lead Bitcoin to break new highs. The current oversold condition could provide a good opportunity for chip reorganization.

AirdropHunterZhang

2026-02-12 16:01:40

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Current Bitcoin (BTC) market exhibits highly complex technical characteristics. According to the latest data, BTC price has reached $67.42K, with a 24-hour increase of +1.71%. At this price level, the market’s RSI indicator has fallen below the lowest levels seen during the COVID-19 pandemic in 2020, and the cryptocurrency fear index is also approaching historical lows. More notably, this market decline is not driven by systemic risk but is entirely a collapse in sentiment.

RSI Bottoms Out and Crypto Fear Index Hits New Lows

On the technical front, Bitcoin’s Relative Strength Index (RSI) has reached an extreme oversold level. This not only reflects the pessimism in market sentiment but also occurs in a key context—without any major negative news or systemic collapse risk. The crypto fear index is nearly at the bottom, and such extreme panic often signals an imminent rebound point.

Chip Lock-In Phenomenon Under Strong Certainty

The deep factors supporting BTC prices still exist. Continuous accumulation by MicroStrategy CEO Saylor has driven ongoing institutional capital inflows, and spot Bitcoin ETFs continue to absorb liquidity. This has led to an unprecedented phenomenon—long-term chips are severely locked, and the effective circulating supply in the market has significantly decreased. This oversold condition under the “strong certainty” background is fundamentally different from typical adjustments in history.

Liquidity Comparison with Historical Gold Bull Markets

From a macro perspective, the global liquidity environment has undergone a qualitative change. Historically, during the previous two gold bull markets, trillions of dollars of liquidity were released, whereas in this cycle, global liquidity has already reached the scale of over twenty trillion. The US stock market also faces similar abundant liquidity conditions, indicating ongoing capital allocation pressure. Market participants have various explanations for the current decline, mostly attributing it to “technical correction needs” or “short-term emotional fluctuations.”

Price Breakout Potential Linked to Peg Mechanism

When the concept of Bitcoin pegged to silver market value re-emerges, it hints at a new valuation framework. With chip lock-in reaching record highs, ongoing institutional inflows, and abundant global liquidity, Bitcoin’s potential to break through current expectations should not be underestimated. This round of overselling may be the best time for large institutions and long-term holders to reorganize their chips. Future price movements are likely to break through levels most retail investors find unimaginable.

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