overthink v.

word-forming element meaning variously "above; highest; across; higher in power or authority; too much; above normal; outer; beyond in time, too long," from Old English ofer (from PIE root *uper "over"). Over and its Germanic relations were widely used as prefixes, and sometimes could be used with negative force. This is rare in Modern English, but compare Gothic ufarmunnon "to forget," ufar-swaran "to swear falsely;" Old English ofercræft "fraud."

In some of its uses, moreover, over is a movable element, which can be prefixed at will to almost any verb or adjective of suitable sense, as freely as an adjective can be placed before a substantive or an adverb before an adjective. [OED]

Among the old words not now existing are Old English oferlufu (Middle English oferlufe), literally "over-love," hence "excessive or immoderate love." Over- in Middle English also could carry a sense of "too little, below normal," as in over-lyght "of too little weight" (c. 1400), overlitel "too small" (mid-14c.), oversmall (mid-13c.), overshort, etc.

Old English þencan "imagine, conceive in the mind; consider, meditate, remember; intend, wish, desire" (past tense þohte, past participle geþoht), probably originally "cause to appear to oneself," from Proto-Germanic *thankjan (source also of Old Frisian thinka, Old Saxon thenkian, Old High German denchen, German denken, Old Norse þekkja, Gothic þagkjan).

Old English þencan is the causative form of the distinct Old English verb þyncan "to seem, to appear" (past tense þuhte, past participle geþuht), from Proto-Germanic *thunkjan (source also of German dünken, däuchte). Both are from PIE *tong- "to think, feel" which also is the root of thought and thank.

The two Old English words converged in Middle English and þyncan "to seem" was absorbed, except for its preservation in archaic methinks "it seems to me."

As a noun, think, "act of prolonged thinking," is attested by 1834. The figurative thinking cap is attested from 1839.