Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) have fallen between 15% and 20% over the past week, pushing sentiment deeper into fear territory. Bitcoin Flashes Rare Oversold Signal Crypto analyst Lark Davis noted on June 4 that Bitcoin’s daily RSI dropped to 17, one of the most oversold readings in the past decade and a level previously seen during the March 2020 COVID crash and February 2026 selloff.
Source: Read the original article
