Currently, Bitcoin's weekly RSI is oversold, more severe than during the COVID and FTX events. The RSI is extremely oversold, and although this won't last long, we can't ignore the possibility of a black swan.

The current continuation of the bear market combined with the oversold bottom pattern often leads to a bottom divergence, meaning RSI hits 40-50 while the price continues to decline (this can happen, manage expectations).
This is not the end of crypto but a sign of bear exhaustion, marking the beginning of a new, grand return of value (it will take some time, patience needed).