Market opinions are always divided.

An analyst observed that the Bitcoin monthly Bollinger Bands percentage indicator has formed a continuous top divergence at the upper band, and the current price has fallen back to the midline. Based on this logic, a continued move toward the lower band becomes a high-probability event, and the deep bear market may follow suit. This camp believes that BTC is already significantly overheated, and the rebound rally is unlikely to continue.

However, some traders' technical charts tell a completely different story… Their interpretation of the current pattern and expected direction are entirely opposite. Who's judgment is closer to the real trend? Perhaps the answer will gradually become clear in the upcoming K-line.