[K33: Bitcoin Has Entered the Most Extreme Weekly Oversold Zone in History, Risk Release May Lead to a Short-Term Rebound] According to a report by Jinse Finance, K33 stated in its latest analysis that Bitcoin, after experiencing several consecutive months of selling pressure, has entered the most extreme weekly oversold zone in history. The previous selling pressure mainly came from long-term holders and institutional investors, but recently, this pressure has started to ease, and the market is showing signs of short-term stabilization. K33 pointed out that historical data indicates that after similar extreme bearish cycles, Bitcoin often experiences a short-term rebound. While the bottom formation phase still requires time, extreme overselling, derivatives deleveraging, and the recovery of long-term supply collectively point to opportunities for a short-term rebound. However, the options market reflects strong bearish sentiment, with investors paying high premiums for downside protection, and negative funding rates suggest that the market's demand for deleveraging long positions or building short positions continues to persist.