Recently, someone uncovered an interesting data point — the stocks of Bitmine, Circle, Coinbase, and MicroStrategy have all fallen from their historical highs, with an average loss of over 70%. So the question is, is now the time to buy in, or should we keep waiting and see?

Let's first look at some key technical indicators. The 14-day RSI for Bitmine and Coinbase has already entered the extremely oversold zone (below 30), which usually indicates a potential short-term technical rebound. But you need to be mentally prepared — these stocks are highly volatile; rebounds can happen quickly, and declines can be even faster.

MicroStrategy, as a proxy for Bitcoin, is also in an oversold position. If Bitcoin can stabilize, the chances of a rebound are higher. But there's a suspense — whether the MSCI index will continue to include it is still uncertain, and this variable should be watched closely.

Circle is relatively weaker. Although the decline has been significant, its RSI hasn't reached the extremely oversold level yet, so it might be better to wait a bit longer until the market gives clearer signals before taking action.

Finally, a reminder: all of the above are technical observations. If you really want to buy, you should also consider the company's fundamentals and overall market risks for your own assessment — don't just rely on indicators to jump in.