ENS weekly chart oversold. Taking ENS as an example, there have been 5 instances of oversold on the weekly chart in the past 1008 days, each accompanied by varying degrees of rebound. But what I want to emphasize is that oversold is not a long signal, it just reminds us to start paying attention. My strategy is very clear: first add self selection, and then sift while walking. Referring to the trend from September to December last year, coins with a rebound of less than 100% should be directly excluded, and only those that can double should be continuously monitored. To truly consider making a move, we need to wait for several conditions to be met: Bitcoin has emerged from volatility and continues to rise, the altcoin 4H has shown a right-hand structure, or the daily chart has reached EMA20. Before that, it's better to wait than pursue. Current watchlist: AUACTION (long short loop completed) ETH、 AAVE、 YGG、 RSR、 ZETA、 INJ、 BLUR、 GALA THETA