According to U.Today, analyst Vetle Lunde pointed out on X that Bitcoin has returned to near its 200-week moving average, with the daily Relative Strength Index (RSI) dropping to 25. He also noted Bitcoin ETF outflows and the contraction of leveraged exposure. Based on this, he expressed a bullish outlook and urged investors not to panic. The report further noted that an RSI below 30 is typically considered oversold, but does not necessarily imply an upward price reversal. The above represents the analyst's technical judgment and does not confirm that the market has bottomed out.