🔍 Analysis post about LTH SOPR Chart (April 2025)

📈 The spent output profit ratio of long-term holders (LTH SOPR) shows how long-term holders are selling their coins at a profit. A value above 1 means coins are being sold for a profit; below 1 — a loss.

In the past 6 months:

🔹 LTH SOPR has consistently remained above 1, mainly fluctuating in the range of 1.5–3.5

🔹 This indicates that long-term holders are making profits — but not too aggressively, suggesting there is no panic selling

🔹 Although BTC$BTC has adjusted from $106,000 down to ~$85,000 in March, the price has recovered in April — reinforcing a strong bullish structure

🔹 No extreme SOPR spikes (>5) have been observed — which are often seen near market peaks

💡 Conclusion:

The market is not too hot. Long-term holders are gradually taking profits, not mass selling. This creates a solid foundation for the next bullish move in 2025.

🚀 A new price momentum may be coming — the final excitement phase could still occur.