Senior trader Peter Brandt recently posted on X speculating that Bitcoin may be shifting to the "Hump Slump Bump Dump Pump" pattern. This pattern indicates that Bitcoin's price movement first rises (Hump), then falls (Slump), followed by a recovery (Bump), then further declines (Dump), and finally rebounds (Pump).

CryptoQuant founder and CEO Ki Young Ju shared Brandt's post and expressed agreement.