Overselling is not buying, it's a warning. The pancake was ground at 74k for three weeks. Open the panel casually, and the oversold signal will fill the screen. But it's been oversold for three weeks and still selling. The easiest mistake to make here is to mistake 'should rebound' for 'will rebound'. Overselling only tells you that the price has dropped significantly, but does not tell you if it has finished falling. Almost every cycle, when entering the deep bear stage, killing another 30% of oversold areas is not a new thing. The biggest loss I've ever suffered was when I felt like it was almost done. Then I realized that the market's understanding of 'similar' had nothing to do with me. The true bottom never appears when the oversold signal lights up, but when everyone gives up discussing where the bottom is. About two weeks ago, I started sending multiple warning tweets We are about to enter the deep bear stage! Waiting for a solid bullish candlestick doesn't require a long wait. But before it appears, don't use your own position to guess when it will arrive.