Bitcoin's Short-Term Holder Output Profit Ratio (STH-SOPR) is approaching the critical 1.0 level, indicating that short-term holders are close to breaking even on their investments. Historically, a sustained rise above 1.0 has signaled the end of market shakeouts and a resurgence of bullish momentum. Despite trading near $91,000 with a slight 2% dip recently, Bitcoin shows signs of potential positive momentum returning if STH-SOPR crosses and holds above 1.0.
