[Bitcoin Weekly RSI Shows Bullish Divergence, Market Analysts Reassess Whether Bear Market Trend Has Ended] BlockBeats News, August 25: After Bitcoin surged approximately 25% last week and briefly broke above $80,000, the market remains divided on the current trend direction. Technical indicators show that Bitcoin's weekly RSI has now risen to 58.3, marking its highest level since October 2025, when it reached an all-time high of $126,200. Additionally, a bullish divergence similar to the bottom phase of the 2022 bear market has emerged: while prices continued to hit lower lows, the weekly RSI formed higher lows. Real Vision's Chief Crypto Analyst Jamie Coutts believes that weekly bullish divergences provide strong reference value for identifying long-term trends and cycle turning points, noting that similar signals in the past were often accompanied by further price increases. However, short-term indicators are showing signs of overheating, with Bitcoin's daily RSI climbing to 82.93, its highest level since November 2024. Some traders are cautious about the risk of a short-term pullback, though others argue that during historical bull market trends, RSI remaining in the overbought zone above 70 for extended periods is not uncommon. Additionally, Bitcoin's two-month Stochastic RSI recently formed a long-anticipated golden cross, which is typically considered a potential bullish signal for trend reversal. However, this indicator's latest low only reached 4.81, unlike signals before historical bear market bottoms that dropped close to zero. As a result, the market still needs further observation to determine whether this rally signifies the official end of the macro bear market. [Original Link]