SOPR指标
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Bitcoin STH-SOPR is in a delicate balance as the market awaits a breakthrough signal
The Bitcoin market is currently in a delicate balance, with the short-term holder spent output profit ratio (STH-SOPR) hovering around the neutral 1.0 mark, indicating the market is in a fragile equilibrium. This indicator, which has accurately predicted past market turning points, is once again pushing Bitcoin to a crossroads.
According to the latest analysis from CryptoQuant, the historical trajectory of the SOPR indicator clearly records the evolution of market cycles. At the beginning of 2023, the indicator remained below 1, corresponding to a period of market stagnation; by early 2024, the indicator had sharply risen above 1 (even reaching as high as 1.2), coinciding with Bitcoin breaking the $70,000 mark and a wave of profit-taking; now the indicator has returned to the neutral range, signaling that a significant market movement is brewing.
In simple terms, the market currently faces two clear development paths. If the SOPR stabilizes above 1.0, it indicates that the market can effectively absorb profit-taking, potentially pushing the BTC price towards $120K-$130K.
Conversely, if the SOPR effectively falls below 1, it may trigger loss-making sell-offs, potentially suppressing its price to the $95K-$100K range.
However, the current market has not shown the extreme profit-taking and stop-loss behaviors mentioned above. This relatively balanced state is often a signal that the market is accumulating strength, preparing for a significant breakthrough.
Professional investors are closely monitoring this key indicator, as a sustained SOPR above 1.0 usually indicates a healthy upward trend, while reaching 1.0 or exceeding 1.2 may suggest an overheated market. Conversely, remaining below 1.0 for an extended period could signal that the market is at a bottom.
Currently, the market is at a typical direction selection node, with traders generally taking a wait-and-see approach, anticipating the appearance of a breakthrough signal.
In summary, the Bitcoin market is currently at a critical turning point. If the indicator can rise above and stabilize at 1.0, it will support the continuation of the upward trend; if it continues to fall below, it may trigger a period of adjustment.
Investors are advised not to be overly optimistic nor overly pessimistic. Flexible investment strategy adjustments should be made based on the changes in the indicators to adapt to the various situations that may arise in the market.
#比特币 #SOPR指标 #市场分析
The Bitcoin market is currently in a delicate balance, with the short-term holder spent output profit ratio (STH-SOPR) hovering around the neutral 1.0 mark, indicating the market is in a fragile equilibrium. This indicator, which has accurately predicted past market turning points, is once again pushing Bitcoin to a crossroads.
According to the latest analysis from CryptoQuant, the historical trajectory of the SOPR indicator clearly records the evolution of market cycles. At the beginning of 2023, the indicator remained below 1, corresponding to a period of market stagnation; by early 2024, the indicator had sharply risen above 1 (even reaching as high as 1.2), coinciding with Bitcoin breaking the $70,000 mark and a wave of profit-taking; now the indicator has returned to the neutral range, signaling that a significant market movement is brewing.
In simple terms, the market currently faces two clear development paths. If the SOPR stabilizes above 1.0, it indicates that the market can effectively absorb profit-taking, potentially pushing the BTC price towards $120K-$130K.
Conversely, if the SOPR effectively falls below 1, it may trigger loss-making sell-offs, potentially suppressing its price to the $95K-$100K range.
However, the current market has not shown the extreme profit-taking and stop-loss behaviors mentioned above. This relatively balanced state is often a signal that the market is accumulating strength, preparing for a significant breakthrough.
Professional investors are closely monitoring this key indicator, as a sustained SOPR above 1.0 usually indicates a healthy upward trend, while reaching 1.0 or exceeding 1.2 may suggest an overheated market. Conversely, remaining below 1.0 for an extended period could signal that the market is at a bottom.
Currently, the market is at a typical direction selection node, with traders generally taking a wait-and-see approach, anticipating the appearance of a breakthrough signal.
In summary, the Bitcoin market is currently at a critical turning point. If the indicator can rise above and stabilize at 1.0, it will support the continuation of the upward trend; if it continues to fall below, it may trigger a period of adjustment.
Investors are advised not to be overly optimistic nor overly pessimistic. Flexible investment strategy adjustments should be made based on the changes in the indicators to adapt to the various situations that may arise in the market.
#比特币 #SOPR指标 #市场分析
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How to Use Quantitative Strategies to Identify the Best Selling Timing for BTC? CryptoQuant Analysts Provide a Unique Analytical Perspective
Recently, a CryptoQuant analyst provided a quantitative analysis perspective on the timing of buying and selling Bitcoin by studying the spent output profit ratio (SOPR) indicator of short-term holders (STH) of Bitcoin.
The analysis suggests that short-term holders (STH) typically refer to investors who have purchased Bitcoin within the past 155 days. Compared to long-term holders (LTH), who focus more on long-term holding, these investors are more susceptible to market fluctuations, making their behavioral data an important reference for analyzing market trends.
By observing the historical records of each wallet in sell transactions with the SOPR indicator, one can determine whether investors are selling Bitcoin at a profit or a loss. When this indicator is above 1, it indicates that the overall market is in a profitable state; when below 1, it indicates that the market holders are primarily at a loss.
The analysis shows that whenever the short-term holder SOPR indicator enters the green zone (significant losses), it is often a good time to accumulate Bitcoin; while entering the red zone (significant profits) may suggest that the market has entered a profit-taking phase.
However, although the green and red zones of the SOPR indicator can serve as references for market bottoms and tops, they do not perfectly capture every price turning point. Therefore, the analyst suggests that investors should use a strategy of buying or selling in batches when the indicator enters the corresponding zone, rather than making a one-time operation.
Looking back at historical cycles, earlier this year, the short-term holder SOPR indicator fell into the green zone, which corresponded to a market low. As Bitcoin's price recently broke through $104,000, the indicator has risen above 1, but has not yet entered the red zone, indicating that, based on the SOPR data, it is still not the best time to take profits by selling Bitcoin.
Meanwhile, Bitcoin's price has rebounded over 10% in the past week, and market sentiment is gradually warming up. The upcoming market trend is worth continued attention!
How valuable do you think the SOPR indicator is in actual investment decisions? Would you consider the parameters of quantitative tools like SOPR as a reference for your investment strategy? Feel free to share your thoughts!
#比特币 #量化投资 #SOPR指标 #加密货币策略
Recently, a CryptoQuant analyst provided a quantitative analysis perspective on the timing of buying and selling Bitcoin by studying the spent output profit ratio (SOPR) indicator of short-term holders (STH) of Bitcoin.
The analysis suggests that short-term holders (STH) typically refer to investors who have purchased Bitcoin within the past 155 days. Compared to long-term holders (LTH), who focus more on long-term holding, these investors are more susceptible to market fluctuations, making their behavioral data an important reference for analyzing market trends.
By observing the historical records of each wallet in sell transactions with the SOPR indicator, one can determine whether investors are selling Bitcoin at a profit or a loss. When this indicator is above 1, it indicates that the overall market is in a profitable state; when below 1, it indicates that the market holders are primarily at a loss.
The analysis shows that whenever the short-term holder SOPR indicator enters the green zone (significant losses), it is often a good time to accumulate Bitcoin; while entering the red zone (significant profits) may suggest that the market has entered a profit-taking phase.
However, although the green and red zones of the SOPR indicator can serve as references for market bottoms and tops, they do not perfectly capture every price turning point. Therefore, the analyst suggests that investors should use a strategy of buying or selling in batches when the indicator enters the corresponding zone, rather than making a one-time operation.
Looking back at historical cycles, earlier this year, the short-term holder SOPR indicator fell into the green zone, which corresponded to a market low. As Bitcoin's price recently broke through $104,000, the indicator has risen above 1, but has not yet entered the red zone, indicating that, based on the SOPR data, it is still not the best time to take profits by selling Bitcoin.
Meanwhile, Bitcoin's price has rebounded over 10% in the past week, and market sentiment is gradually warming up. The upcoming market trend is worth continued attention!
How valuable do you think the SOPR indicator is in actual investment decisions? Would you consider the parameters of quantitative tools like SOPR as a reference for your investment strategy? Feel free to share your thoughts!
#比特币 #量化投资 #SOPR指标 #加密货币策略
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