CryptoQuant analyst: Crypto market enters oversold range after significant pullback

According to BlockBeats, on March 13th, CryptoQuant analysts stated that "the market has entered oversold territory after a significant correction. Even without further sharp declines, the selling pressure in the market has been fully released, making it a favorable area for potential gains without the need for further significant declines Overselling is a term in technical analysis that refers to an asset or market being oversold due to sustained decline, resulting in a price below its reasonable or historical average level.