Bitcoin No Longer Oversold, Breakout Imminent: Fairlead Strategies

This is a technical read, not a fundamental one, and its weight depends on how much the market still treats Fairlead's framework as a reference point. The claim that the correction has run its course matters most for positioning: it suggests the recent selling pressure has exhausted itself, which could shift how traders treat the tight range. Whether that range resolves upward is the open question — resistance levels, not the oversold signal, are what will confirm or invalidate the call.