Is Bit Origin Ltd. technically bullish or bearish?

As of 22 August 2025, the technical trend for Bit Origin Ltd. has changed from sideways to mildly bearish. The current stance is mildly bearish, driven primarily by the trend change note and the mixed signals from various indicators. While the weekly MACD and moving averages are bullish, the monthly MACD is mildly bullish, and the Bollinger Bands indicate a mildly bearish trend. The KST shows a bullish weekly signal but is bearish monthly, and Dow Theory indicates no trend in both weekly and monthly perspectives.
In terms of performance, Bit Origin Ltd. has significantly underperformed against the S&P 500, with a year-to-date return of -53.06% compared to the S&P 500's 12.22%, and a one-year return of -83.39% versus the S&P 500's 17.14%.