The better the market conditions, the more we must stay clear-headed. Here, I want to share some slightly bearish perspectives to maintain objectivity.

According to the current prices, there is a very obvious divergence in both the weekly and monthly trends. Such a noticeable divergence with multiple indicators hasn't been seen since the major peak in November 2021. However, divergence may not necessarily indicate anything.

Moreover, the daily/3-day trend still aligns well with the peak divergence bull market trajectory, where the peak divergence should be between 76k-86k, and we are already approaching that range.

If we break above the 86k peak divergence, the bullish expectations may need to be adjusted.

Currently, the daily bullish trend remains intact, so it’s best to continue holding onto spot positions without adding leverage.