Puell Multiple is currently around 0.75, a value typically viewed as a buying range. This metric, which measures the ratio of daily coin issuance to its 365-day moving average, suggests a potential bullish trend. Concurrently, Bitcoin is forming a flag pattern on the technical chart, a formation often indicative of a continuation of the prevailing trend. The alignment of the Puell Multiple with the flag pattern strengthens the hypothesis of an impending bullish movement for Bitcoin. Market participants may find this confluence of indicators encouraging for future price appreciation.