Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC Bitcoin\'s technical signals show weakness, but analysts believe this may indicate a bottom stage.
Currently, Bitcoin\'s long-term chart is sending two different technical signals, both pointing to market weakness. However, analysts pointed out that similar patterns tend to appear at the end of previous bear markets, suggesting that the current pattern may mean that the market is entering a bottoming period rather than the imminent sharp decline.
Weekly death crosses draw attention
One of the most discussed topics in the market is the \"death crosses\" pattern that appears on the Bitcoin weekly chart. This pattern occurs when the short-term moving average crosses the long-term moving average. In technical analysis, this crossover is often seen as a confirmation signal of weakening momentum and continuing selling pressure. It should be noted that the death cross is a technical indicator triggered by the short-period moving average falling below the long-period moving average. Although the signal alone cannot determine the direction, it is widely seen as evidence of market weakness.
Analyst Jelle pointed out that historically, Bitcoin\'s death cross signals have often appeared late in the bear market. Death crossover events on previous charts generally coincide with the final stage of major adjustments. Jelle emphasized that although weekly death crosses initially seem negative, in Bitcoin history, they have often formed towards the end of bear markets. Therefore, while the current cross-confirmation that market pressures are still ongoing, they should not be interpreted in isolation as a clear signal of a new round of meltdown. If Bitcoin can maintain its overall range, it may lay a more solid foundation after experiencing a certain degree of continued weakness.
The debate on the bottom area is getting fiercer
From a long-term perspective, the second noteworthy technical feature is the volatile indicator area on the Bitcoin monthly macro chart. Analyst James pointed out that Bitcoin is retesting a historically significant long-term cycle area that has overlapped with multiple important bottoms in the past few years. The chart shows that Bitcoin continues to operate within its long-term logarithmic growth channel, with prices currently hovering near the lower boundary of the channel. At the same time, shock indicators have also fallen into areas where previous landmark cyclical lows were. James emphasized that the current macro pattern does not confirm that the short-term trend will collapse, but in the long run, it shows that Bitcoin is closer to the bottom-building process than the starting point of a new round of sharp declines.
Similar historical cycles pointed out by James occurred in 2012, 2015, 2019 and 2022. In these cases, these stages were followed by a broad recovery of Bitcoin. This similarity supports the view that the current scenario may represent a long-term fundraising phase.
Short-term confirmation signals are still missing
Despite this, analysts stressed that current signals do not constitute confirmation of a short-term uptrend. For a more convincing recovery scenario to emerge, Bitcoin needs to regain its key moving average, break through important resistance levels, and start to reach higher lows. Currently, the dominant picture is that although selling pressure continues, the market may be approaching exhaustion. If Bitcoin can hold on to its current range and consolidate its structure, long-term recovery expectations may gain stronger support.
