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Bitcoin SOPR Ratio Signals Market Reset and Potential Bottom Formation
The SOPR ratio, comparing long-term to short-term Bitcoin holders, has fallen to 1.35, the lowest level since early 2024 and aligned with BTC’s pullback to 89,700 dollars.
This sharp drop shows that long-term holders are no longer earning significantly higher profits than short-term traders. It also signals that the heavy distribution phase by older coins has mostly ended, allowing speculative excess to reset across the market.
Historically, such low readings during a broader bull cycle often suggest the late stages of selling pressure. If the ratio stabilizes or begins to rise from here, it may indicate that a local market bottom is forming, potentially setting the stage for the next upward move.
#bitcoin #BTC #SOPR #OnChainAnalysis #cryptofirst21
The SOPR ratio, comparing long-term to short-term Bitcoin holders, has fallen to 1.35, the lowest level since early 2024 and aligned with BTC’s pullback to 89,700 dollars.
This sharp drop shows that long-term holders are no longer earning significantly higher profits than short-term traders. It also signals that the heavy distribution phase by older coins has mostly ended, allowing speculative excess to reset across the market.
Historically, such low readings during a broader bull cycle often suggest the late stages of selling pressure. If the ratio stabilizes or begins to rise from here, it may indicate that a local market bottom is forming, potentially setting the stage for the next upward move.
#bitcoin #BTC #SOPR #OnChainAnalysis #cryptofirst21
Top stories of the day:
Behavior-Weighted Trend #signal Indicates Potential Bitcoin Rebound
Bitcoin #SOPR Ratio Hits Lowest Level Since Early 2024
#BankOfJapan May Raise Interest Rates to Highest Level Since 1995
#Polymarket Data Indicates High Probability of Fed Rate Cut in December
Source: #BinanceNews / Bitdegree / Coindesk / Coinmarketcap / Cointelegraph / Decrypt
"Place a trade with us via this post mentioned coin's & do support to reach maximum audience by follow, like, comment, share, repost, more such informative content ahead"
$BTC
Behavior-Weighted Trend #signal Indicates Potential Bitcoin Rebound
Bitcoin #SOPR Ratio Hits Lowest Level Since Early 2024
#BankOfJapan May Raise Interest Rates to Highest Level Since 1995
#Polymarket Data Indicates High Probability of Fed Rate Cut in December
Source: #BinanceNews / Bitdegree / Coindesk / Coinmarketcap / Cointelegraph / Decrypt
"Place a trade with us via this post mentioned coin's & do support to reach maximum audience by follow, like, comment, share, repost, more such informative content ahead"
$BTC
When is it most profitable to buy $BTC ?
There’s an interesting indicator called SOPR (Spent Output Profit Ratio — it shows whether investors are selling their $BTC at a profit or at a loss).
Historically, the best accumulation zones appeared when SOPR dropped below 1 (meaning most long-term investors are selling at a loss), and the absolute market lows tended to form around the 0.50 area.
Right now, #SOPR is sitting around 1.40, which means BTC is mostly being sold at a profit and the market is still far from those “maximum attractiveness” accumulation zones.
There’s an interesting indicator called SOPR (Spent Output Profit Ratio — it shows whether investors are selling their $BTC at a profit or at a loss).
Historically, the best accumulation zones appeared when SOPR dropped below 1 (meaning most long-term investors are selling at a loss), and the absolute market lows tended to form around the 0.50 area.
Right now, #SOPR is sitting around 1.40, which means BTC is mostly being sold at a profit and the market is still far from those “maximum attractiveness” accumulation zones.
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From the on-chain data, the pullback of $BTC may be reaching its bottom, and the Bitcoin ratio of #SOPR (cost-to-output ratio) has dropped to 1.35! This is the lowest level since the beginning of 2024.
As $BTC pulls back to $89,700, this indicator shows that the market's profits have undergone a complete reset. Therefore, the large-scale profit-taking phase for long-term holders is weakening. This indicates that those who want to sell have nearly sold out, and selling momentum is waning.
Historically, when #SOPR falls to a low level similar to 1.35, it usually indicates that a local bottom is forming, and market enthusiasm is cooling off. If $BTC can reverse from its current position, it will lay a solid foundation for the next round of healthy upward movement.
As $BTC pulls back to $89,700, this indicator shows that the market's profits have undergone a complete reset. Therefore, the large-scale profit-taking phase for long-term holders is weakening. This indicates that those who want to sell have nearly sold out, and selling momentum is waning.
Historically, when #SOPR falls to a low level similar to 1.35, it usually indicates that a local bottom is forming, and market enthusiasm is cooling off. If $BTC can reverse from its current position, it will lay a solid foundation for the next round of healthy upward movement.
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The Spent Output Profit Ratio (SOPR) indicator for short-term Bitcoin holders $BTC has again fallen below the mark of '1'. According to CryptoQuant, this means that members of this group have started selling assets at a loss.
According to them, this value #SOPR has been maintained above the breakeven level for more than four months, indicating the confidence of speculators and positive short-term dynamics. SOPR is an indicator used to analyze the profit or loss state of Bitcoin investors.
Experts added that a drop in the indicator below the mark of '1' may signal a loss of confidence among investors. It is also noted that despite Bitcoin's rise from around $60,000 to nearly $125,000 over the past year, there were no characteristic spikes that usually accompany phases of euphoria.
According to them, this value #SOPR has been maintained above the breakeven level for more than four months, indicating the confidence of speculators and positive short-term dynamics. SOPR is an indicator used to analyze the profit or loss state of Bitcoin investors.
Experts added that a drop in the indicator below the mark of '1' may signal a loss of confidence among investors. It is also noted that despite Bitcoin's rise from around $60,000 to nearly $125,000 over the past year, there were no characteristic spikes that usually accompany phases of euphoria.
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📈 According to analyst Willy Woo, the market structure of bitcoin ($BTC ) remains strong despite volatility. Macroeconomic factors failed to break the trend of the main digital asset.
💰 Woo explains that capital flows into bitcoin remain firm and strong. A solid internal demand protected the asset and, according to the metric #on-chain #SOPR , there are no signs of massive profit-taking.
👀 The analyst concludes that the bullish macrostructure remains intact, although he recommends watching for any deterioration of support.
🗞
💰 Woo explains that capital flows into bitcoin remain firm and strong. A solid internal demand protected the asset and, according to the metric #on-chain #SOPR , there are no signs of massive profit-taking.
👀 The analyst concludes that the bullish macrostructure remains intact, although he recommends watching for any deterioration of support.
🗞
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The CEO of CryptoQuant says that the Bitcoin bull cycle has ended, is Bitcoin's consolidation long-term?
Young Joo, the CEO of CryptoQuant, stated that Bitcoin prices may see a decline over the next six to twelve months.
Recent Bitcoin trading activity suggests that the cryptocurrency is entering a consolidation phase.
It seems that the cryptocurrency market has entered a phase of consolidation over the past few days.
The lack of any significant moves has led to a sense of doubt and skepticism among investors, which in turn has resulted in a wave of selling among short-term traders. In the meantime, the ETF sector and cryptocurrency reserves are still witnessing increased activity despite falling prices.
Confirming investors' worst fears, Ki Young Joo, the CEO of CryptoQuant, published a forecast about Bitcoin a few hours ago.
According to this forecast, Joo stated that the Bitcoin bull cycle has officially ended. He also pointed out that over the next six to twelve months, we can expect bearish or sideways prices.
Cryptocurrency communities have paid close attention to these predictions and discussed them enthusiastically. The CEO of CryptoQuant applied the PCA risk indicator to chain metrics such as MVRV and SOPR.
#CryptoQuant #sopr #MVRV
$BTC
Young Joo, the CEO of CryptoQuant, stated that Bitcoin prices may see a decline over the next six to twelve months.
Recent Bitcoin trading activity suggests that the cryptocurrency is entering a consolidation phase.
It seems that the cryptocurrency market has entered a phase of consolidation over the past few days.
The lack of any significant moves has led to a sense of doubt and skepticism among investors, which in turn has resulted in a wave of selling among short-term traders. In the meantime, the ETF sector and cryptocurrency reserves are still witnessing increased activity despite falling prices.
Confirming investors' worst fears, Ki Young Joo, the CEO of CryptoQuant, published a forecast about Bitcoin a few hours ago.
According to this forecast, Joo stated that the Bitcoin bull cycle has officially ended. He also pointed out that over the next six to twelve months, we can expect bearish or sideways prices.
Cryptocurrency communities have paid close attention to these predictions and discussed them enthusiastically. The CEO of CryptoQuant applied the PCA risk indicator to chain metrics such as MVRV and SOPR.
#CryptoQuant #sopr #MVRV
$BTC
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❗️The next 6–12 months will be bearish or show sideways price movement, as the Bitcoin bull cycle has ended – CEO #CryptoQuant Ki Yong Joo.
Among the indicators, he noted the market value to realized value ratio (#MVRV ), the spent coin output ratio (#SOPR ), and net unrealized profit or loss (#NUPL ) – these indicators showed turning points in past market cycles.
💡 Some users reminded that in 2020 CryptoQuant already gave a false sell signal #BTC .
$BTC
$ETH
$BNB
Among the indicators, he noted the market value to realized value ratio (#MVRV ), the spent coin output ratio (#SOPR ), and net unrealized profit or loss (#NUPL ) – these indicators showed turning points in past market cycles.
💡 Some users reminded that in 2020 CryptoQuant already gave a false sell signal #BTC .
$BTC
$ETH
$BNB
SOPR just flipped BULLISH on $BTC !
First time since the Jan 2025 correction. Last time this happened? Bitcoin rallied hard.
Get ready for what's next.
#bitcoin #SOPR #cryptosignals
First time since the Jan 2025 correction. Last time this happened? Bitcoin rallied hard.
Get ready for what's next.
#bitcoin #SOPR #cryptosignals
🚨 *THIS IS IMPORTANT* 🚨
If you’re serious about building real wealth in crypto, pay attention 🧠💰
By the *end of 2025 or early 2026*, I will own *ZERO crypto*. Why?
Because we’re entering the *final 6-month run-up* of this bull cycle. 📈🔥
After that? A brutal crash — *80% to 98%*. Just like past cycles. History *rhymes*.
Most won’t make it out. They’ll ride their portfolio all the way up... and then all the way down 😓
*But not me.* Just like I sold BTC at *69K* last cycle and re-entered at *16K*, I’ll do it again.
And no, this isn’t guessing. I’ll use just 3 advanced metrics:
→ *MVRV (Market Value to Realized Value)*
→ *NUPL (Net Unrealized Profit/Loss)*
→ *SOPR (Spent Output Profit Ratio)*
These indicators *quietly* tell you when smart money is selling. 🧠
The elites know them — but they won’t tell you. Because they want you to be their exit liquidity 💸
⚠️ I will call the TOP publicly — just like I always do.
If you’re not following, you might miss your last big chance. Don’t say I didn’t warn you. 🧨📉
$XRP
$SOL
$PEPE
#MVRV #NUPL #SOPR #WealthBuilding #Bullrun
If you’re serious about building real wealth in crypto, pay attention 🧠💰
By the *end of 2025 or early 2026*, I will own *ZERO crypto*. Why?
Because we’re entering the *final 6-month run-up* of this bull cycle. 📈🔥
After that? A brutal crash — *80% to 98%*. Just like past cycles. History *rhymes*.
Most won’t make it out. They’ll ride their portfolio all the way up... and then all the way down 😓
*But not me.* Just like I sold BTC at *69K* last cycle and re-entered at *16K*, I’ll do it again.
And no, this isn’t guessing. I’ll use just 3 advanced metrics:
→ *MVRV (Market Value to Realized Value)*
→ *NUPL (Net Unrealized Profit/Loss)*
→ *SOPR (Spent Output Profit Ratio)*
These indicators *quietly* tell you when smart money is selling. 🧠
The elites know them — but they won’t tell you. Because they want you to be their exit liquidity 💸
⚠️ I will call the TOP publicly — just like I always do.
If you’re not following, you might miss your last big chance. Don’t say I didn’t warn you. 🧨📉
$XRP
$SOL
$PEPE
#MVRV #NUPL #SOPR #WealthBuilding #Bullrun
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SOPR RISES – IS THE MARKET PROFITING OR PREPARING FOR A CORRECTION?
@AZ Blockchain
SOPR
The Bitcoin SOPR (Spent Output Profit Ratio) chart tells us something extremely important:
👉 Investors are selling in a state of profit or loss.
🧠 QUICK UNDERSTANDING OF SOPR FOR BEGINNERS
✨SOPR > 1 (green): Sellers are selling at a profit → the market is more optimistic.
✨SOPR @ 1 (red): Sellers are cutting losses → the market is weak, negative sentiment.
📊 CURRENT CHART ANALYSIS
🟢 1. SOPR is bouncing above the threshold of 1
SOPR
The Bitcoin SOPR (Spent Output Profit Ratio) chart tells us something extremely important:
👉 Investors are selling in a state of profit or loss.
🧠 QUICK UNDERSTANDING OF SOPR FOR BEGINNERS
✨SOPR > 1 (green): Sellers are selling at a profit → the market is more optimistic.
✨SOPR @ 1 (red): Sellers are cutting losses → the market is weak, negative sentiment.
📊 CURRENT CHART ANALYSIS
🟢 1. SOPR is bouncing above the threshold of 1
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A few hours ago I posted something, explaining that the short-term #SOPR might be at the hint stage bottom, and it does seem quite accurate now, $BTC has already pulled back above 90,000!
The next day is likely to be quite volatile, as long as it stays above 88,000, normal pullbacks shouldn't be a big problem. If it can't push up, it will fluctuate around 90,000.
But be careful, now is not the time to rush blindly, stick to your own pace.🙏🏻
The next day is likely to be quite volatile, as long as it stays above 88,000, normal pullbacks shouldn't be a big problem. If it can't push up, it will fluctuate around 90,000.
But be careful, now is not the time to rush blindly, stick to your own pace.🙏🏻
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SOPR Indicator: A Tool for Identifying Market Sentiment | Crypto 100-Day Challenge Day 61
Hello everyone! In today's 100-day challenge in the crypto space, let’s talk about the SOPR indicator (Spent Output Profit Ratio), which is an on-chain analytical tool used to assess market sentiment. SOPR helps us understand whether investors are in a profit or loss state, further inferring the buying and selling sentiment in the market. So, what is SOPR? How is it calculated, and how should it be applied? Today, let's explore this powerful indicator!
Market Profit and Loss Measurement Tool 📏
Imagine SOPR as a measuring tool for the overall market 'profit or loss'. When most investors are making profits, the market may be overheating; when most are losing, the market may be nearing a bottom.
Market Profit and Loss Measurement Tool 📏
Imagine SOPR as a measuring tool for the overall market 'profit or loss'. When most investors are making profits, the market may be overheating; when most are losing, the market may be nearing a bottom.
Is This the Final Shakeout Before Bitcoin’s Next Big Move? Analysts Break It Down
#Bitcoin’s recent price action has shown signs of stagnation, with the asset hovering around the $84,000 mark after rebounding above it earlier this week. As of the time of writing, #BTC is trading at $84,449, down 0.7% in the past 24 hours.
Despite recovering from previous corrections, the price has struggled to break through the current resistance level, signaling weak buying momentum and cautious sentiment among traders.
#Bitcoin #STH -#SOPR and Realized Price Indicate Capitulation
The current phase of consolidation follows weeks of volatile swings driven by broader macroeconomic uncertainty and mixed signals across risk assets.
While long-term holders remain steady, short-term participants in the market appear to be under pressure. Insights into the behavior of these short-term holders may offer valuable clues on the overall direction of the market and possible entry or exit points for investors.
According to a recent analysis shared by CryptoQuant contributor CryptoMe, data from short-term holders (STHs) reveals key indicators that could help define Bitcoin’s current cycle.
The first metric highlighted is the STH Spent Output Profit Ratio (STH-SOPR), which measures whether STHs are selling at a profit (above 1.0) or at a loss (below 1.0).
STH Spent Output Profit Ratio (STH-SOPR). | Source: CryptoQuant
Currently, this metric is below 1.0 based on a 14-day moving average, indicating that many STHs are offloading BTC at a loss—a signal often associated with capitulation phases.
While this suggests bearish sentiment in the short term, CryptoMe points out that similar dips in STH-SOPR during past bull markets often presented accumulation opportunities.
Historically, these periods of loss-taking by STHs have marked temporary bottoms, with prices rebounding shortly after as stronger hands absorb supply.
Accumulation Opportunities and Strategy Outlook
Another key metric shared is the STH Realized Price, currently around $92,000. This figure represents the average cost basis for coins held by short-term investors.
Bitcoin STH Realized Price. | Source: CryptoQuant
When $BTC trades below this level, it can indicate undervaluation relative to recent buyer activity. In CryptoMe’s view, red zones (in the chart), periods when the spot price dips below the realized price, have often coincided with long-term accumulation zones during previous bullish phases.
However, CryptoMe cautions that these indicators do not confirm a market bottom. Instead, they suggest that some investors are exiting positions under stress, creating potential buying opportunities for those with a long-term outlook.
Given the broader macroeconomic pressures, the analyst maintains a hedged strategy: accumulating in spot markets while maintaining short positions in derivatives to manage downside risk.
He concludes by stating that if macroeconomic conditions improve and liquidity returns to the market, Bitcoin could resume its upward trajectory. Until then, the data suggests patience and risk management may be prudent for market participants awaiting a clearer trend reversal.
BTC price is moving upwards on the 2-hour chart. Source: BTC/USDT on TradingView.com
Despite recovering from previous corrections, the price has struggled to break through the current resistance level, signaling weak buying momentum and cautious sentiment among traders.
#Bitcoin #STH -#SOPR and Realized Price Indicate Capitulation
The current phase of consolidation follows weeks of volatile swings driven by broader macroeconomic uncertainty and mixed signals across risk assets.
While long-term holders remain steady, short-term participants in the market appear to be under pressure. Insights into the behavior of these short-term holders may offer valuable clues on the overall direction of the market and possible entry or exit points for investors.
According to a recent analysis shared by CryptoQuant contributor CryptoMe, data from short-term holders (STHs) reveals key indicators that could help define Bitcoin’s current cycle.
The first metric highlighted is the STH Spent Output Profit Ratio (STH-SOPR), which measures whether STHs are selling at a profit (above 1.0) or at a loss (below 1.0).
STH Spent Output Profit Ratio (STH-SOPR). | Source: CryptoQuant
Currently, this metric is below 1.0 based on a 14-day moving average, indicating that many STHs are offloading BTC at a loss—a signal often associated with capitulation phases.
While this suggests bearish sentiment in the short term, CryptoMe points out that similar dips in STH-SOPR during past bull markets often presented accumulation opportunities.
Historically, these periods of loss-taking by STHs have marked temporary bottoms, with prices rebounding shortly after as stronger hands absorb supply.
Accumulation Opportunities and Strategy Outlook
Another key metric shared is the STH Realized Price, currently around $92,000. This figure represents the average cost basis for coins held by short-term investors.
Bitcoin STH Realized Price. | Source: CryptoQuant
When $BTC trades below this level, it can indicate undervaluation relative to recent buyer activity. In CryptoMe’s view, red zones (in the chart), periods when the spot price dips below the realized price, have often coincided with long-term accumulation zones during previous bullish phases.
However, CryptoMe cautions that these indicators do not confirm a market bottom. Instead, they suggest that some investors are exiting positions under stress, creating potential buying opportunities for those with a long-term outlook.
Given the broader macroeconomic pressures, the analyst maintains a hedged strategy: accumulating in spot markets while maintaining short positions in derivatives to manage downside risk.
He concludes by stating that if macroeconomic conditions improve and liquidity returns to the market, Bitcoin could resume its upward trajectory. Until then, the data suggests patience and risk management may be prudent for market participants awaiting a clearer trend reversal.
BTC price is moving upwards on the 2-hour chart. Source: BTC/USDT on TradingView.com
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Calculation of the Average Price of a token and its On Chain keys
🧐 As we start to enter the world of cryptocurrencies, certain concepts become essential. Without understanding and managing them, it will be difficult to operate successfully in this complex ecosystem. 💡
✅ One of the key concepts from minute one is that of the average price and its calculation.
💰 What is the average price of a token? 🤔
The average purchase price is the mean value at which an asset has been acquired over multiple purchases. S
is calculated by dividing the total stablecoin invested by the total amount of the asset acquired.📢
✅ One of the key concepts from minute one is that of the average price and its calculation.
💰 What is the average price of a token? 🤔
The average purchase price is the mean value at which an asset has been acquired over multiple purchases. S
is calculated by dividing the total stablecoin invested by the total amount of the asset acquired.📢
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↗️ When the STH-SOPR enters the red zone, it usually indicates a good time to start selling and taking profits.
Although these signals do not always mark the exact peak of the market, in a general context they represent reasonable and appropriate moments to sell gradually.
#sth #SOPR #TrendingTopic #TradeStories #trading $USDC
Although these signals do not always mark the exact peak of the market, in a general context they represent reasonable and appropriate moments to sell gradually.
#sth #SOPR #TrendingTopic #TradeStories #trading $USDC
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⚠️ $XRP about to shoot up 35%? Not all signals agree...
XRP has stabilized after the mega market liquidation and has already accumulated a rise of +7% in 24h, trading at US$ 2.55.
📊 Bullish signals:
The SOPR indicator dropped to 0.95, a level that preceded a rise of 35% in April.
Symmetrical triangle pattern on the chart suggests a possible breakout above US$ 2.72.
Projected target: US$ 3.10 ~ US$ 3.35 (average of 35% upside)
🔻 But beware:
Long-term investors have reduced accumulation by 27% since October 2nd.
“HODLers” wallets are still in caution mode, indicating that the recovery may not have sustainable strength in the short term.
📉 Key support: US$ 2.30
📈 Immediate resistance: US$ 2.72 (decisive breakout may trigger a rally)
🧠 Technical summary:
SOPR < 1 → sell at a loss (potential exhaustion of bears)
Hodlers Net Position ↓ → still lacking conviction from strong players
Triangular chart pattern points to consolidation before the movement.
💬 And you? Are you confident in this possible rise or do you think XRP will still test supports before going up?
👇 Comment your technical or on-chain analysis here in the comments!
#xrp #Ripple #TechnicalAnalysis #SOPR #Glassnode #CryptoToday #altcoins #BinanceSquare #Cryptocurrencies
XRP has stabilized after the mega market liquidation and has already accumulated a rise of +7% in 24h, trading at US$ 2.55.
📊 Bullish signals:
The SOPR indicator dropped to 0.95, a level that preceded a rise of 35% in April.
Symmetrical triangle pattern on the chart suggests a possible breakout above US$ 2.72.
Projected target: US$ 3.10 ~ US$ 3.35 (average of 35% upside)
🔻 But beware:
Long-term investors have reduced accumulation by 27% since October 2nd.
“HODLers” wallets are still in caution mode, indicating that the recovery may not have sustainable strength in the short term.
📉 Key support: US$ 2.30
📈 Immediate resistance: US$ 2.72 (decisive breakout may trigger a rally)
🧠 Technical summary:
SOPR < 1 → sell at a loss (potential exhaustion of bears)
Hodlers Net Position ↓ → still lacking conviction from strong players
Triangular chart pattern points to consolidation before the movement.
💬 And you? Are you confident in this possible rise or do you think XRP will still test supports before going up?
👇 Comment your technical or on-chain analysis here in the comments!
#xrp #Ripple #TechnicalAnalysis #SOPR #Glassnode #CryptoToday #altcoins #BinanceSquare #Cryptocurrencies
#analysisreport #binanacesquarenews
In the ever-evolving cryptocurrency market, recent on-chain analytics from Glassnode indicate a significant bullish development: selling pressure has notably subsided as of October 26, 2025. This shift suggests that #bitcoin (BTC) and other major cryptocurrencies could be #poised for upward momentum, providing traders with potential entry points amid stabilizing market conditions.
According to Glassnode's data, metrics such as the Spent Output Profit Ratio (#SOPR ) and exchange inflows have shown a marked decrease in seller activity, which historically correlates with price recoveries. For #BTC traders, this could mean watching key support levels around $60,000, with resistance at $70,000, as the market digests this reduced pressure.$BTC
In the ever-evolving cryptocurrency market, recent on-chain analytics from Glassnode indicate a significant bullish development: selling pressure has notably subsided as of October 26, 2025. This shift suggests that #bitcoin (BTC) and other major cryptocurrencies could be #poised for upward momentum, providing traders with potential entry points amid stabilizing market conditions.
According to Glassnode's data, metrics such as the Spent Output Profit Ratio (#SOPR ) and exchange inflows have shown a marked decrease in seller activity, which historically correlates with price recoveries. For #BTC traders, this could mean watching key support levels around $60,000, with resistance at $70,000, as the market digests this reduced pressure.$BTC
Short-Term $BTC Holders Face Major Pain
With #SOPR dipping below 1.0, the weakest hands are breaking. What comes next for #bitcoin ?
#Glassnode's latest data shows that short-term Bitcoin holders (STHs) are facing heavy unrealized losses as the market continues to trade below their average cost basis. STHs, who typically hold $BTC for less than 155 days, tend to buy during bullish momentum but become vulnerable when the price reverses sharply. With Bitcoin
recently dropping from its local highs, a large portion of coins purchased in the past few months have now moved into loss, creating heightened stress among newer investors.
A key signal of this pressure is the Short-Term Holder SOPR, which has fallen below 1.0. This means STHs are actively selling their Bitcoin at a loss, a pattern commonly seen during early capitulation phases. #Glassnode also reports a significant spike in #sth supply in loss, suggesting that most recent buyers are now underwater. When this metric rises sharply, markets often experience increased volatility as panic-driven selling intensifies.
Despite the downturn, long-term holders remain stable, historically providing support during deep corrections. Their steady behavior signals confidence in the broader trend, even as short-term sentiment weakens. Overall, Glassnode’s report suggests that the market is entering a stress phase for STHs, which often precedes consolidation or recovery once selling pressure exhausts.
With #SOPR dipping below 1.0, the weakest hands are breaking. What comes next for #bitcoin ?
#Glassnode's latest data shows that short-term Bitcoin holders (STHs) are facing heavy unrealized losses as the market continues to trade below their average cost basis. STHs, who typically hold $BTC for less than 155 days, tend to buy during bullish momentum but become vulnerable when the price reverses sharply. With Bitcoin
recently dropping from its local highs, a large portion of coins purchased in the past few months have now moved into loss, creating heightened stress among newer investors.
A key signal of this pressure is the Short-Term Holder SOPR, which has fallen below 1.0. This means STHs are actively selling their Bitcoin at a loss, a pattern commonly seen during early capitulation phases. #Glassnode also reports a significant spike in #sth supply in loss, suggesting that most recent buyers are now underwater. When this metric rises sharply, markets often experience increased volatility as panic-driven selling intensifies.
Despite the downturn, long-term holders remain stable, historically providing support during deep corrections. Their steady behavior signals confidence in the broader trend, even as short-term sentiment weakens. Overall, Glassnode’s report suggests that the market is entering a stress phase for STHs, which often precedes consolidation or recovery once selling pressure exhausts.
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