#BTC☀
BTC
90,576.19
-1.19%
Bitcoin Market Dynamics Shift Post-Dip
Bitcoin's recent decline below $90,000 has altered market behavior, with long-term holders (LTHs) reducing selling activity. The Bitcoin SOPR Ratio, measuring profitability between LTHs and short-term holders (STHs), has dropped to 1.35, its lowest since early 2024, coinciding with the price correction.
LTHs have ceased large-scale selling, indicating an end to heavy distribution and a cooling market. Meanwhile, short-term holders have increased in-profit transactions, displaying volatile trading patterns, marked by a net position spike in late November before reversing as Bitcoin continued to decline.
