$BTC The recent surge in the Bitcoin price has been powerful, but it hasn’t come without consequences for technical health.

#TradeOfTheWeak According to reports, including insights shared via Cointelegraph, some analysts point to key technical indicators that appear overheated .

When an asset’s price rises too quickly without sufficient consolidation, these indicators can signal that a pullback is likely as traders take profits or the buying pressure temporarily exhausts itself.André Dragosch, European Head of Research at crypto index fund manager Bitwise, highlighted a significant data point: the company’s Cryptoasset Sentiment Index has reached its highest level since November 2024.