Bitcoin Puell Multiple Retests Downtrend Line, Will It Break Above This Time?

On-chain data shows the Bitcoin Puell Multiple is currently retesting the downtrend line, will the metric be able to break above it this time?
Bitcoin Puell Multiple Has Gone Up A Bit During Recent Days
As pointed out by an analyst in a CryptoQuant post, a trend reversal could be nearing in the BTC market.
The “Puell Multiple” is an indicator that measures the ratio between the current daily Bitcoin mining revenues (in USD) and the 365-day moving average of the same.
What this metric