Bullish
Here’s whether Bullish (BLSH) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bearish.
Positives: RSI 40 — healthy momentum range. Concerns: trading below the 200-day MA (long-term downtrend); below the 50-day MA (medium-term momentum negative); 50-day MA is falling (-11.24% over 10 days); 3-month momentum negative (-40.0%). Currently 79.7% off its 52-week high. Score: -4/7.
BLSH is trading below its 200-day MA ($37.83) — a key warning sign the longer-term trend is under pressure. An RSI of 40.0 sits in the neutral zone — momentum is neither stretched nor exhausted. With ~11 months of trading history, the return since first available bar is -64.8%. The current 79.7% drawdown from the 52-week high reflects elevated risk for momentum-based strategies.