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Looking at the OG asset, the technicals are indeed extremely oversold, but that doesn't mean it's bottomed out. As long as there are more major negative news to hit it, it can still continue to crash, and even face the risk of being delisted.
Taking a certain coin as an example—dropping from $4 to $1, many people thought that was the bottom. But what happened? It continued to fall to $0.5 before truly stabilizing. This is a common pattern for plummeting assets.
The key is to understand one principle: any coin that experiences a significant decline is generally driven into an extremely oversold zone. So if you're trading such assets, don't rely solely on technical indicators showing oversold conditions to expect a rebound. You need to wait and see if new negative news hits. Otherwise, what seems like a bottom today could turn into a higher starting point tomorrow.