📰📰📰📰📰 SOPR Short-Term — Market Analysis for BTC
On April 24, we saw mass profit-taking from short-term holders — at a price of $93,700.
This is confirmed by the Short-Term Holder SOPR metric, which shows whether coins "aged" up to 155 days are being moved at a profit or a loss.
When the metric value rises — it is a clear signal that holders are actively taking profits. This has occurred. Such spikes often lead to a slowdown in growth or a price pullback, as selling pressure increases.
Currently, SOPR has returned to "normal" levels — this means that the movement activity has dropped, and selling pressure from short-term participants has weakened.
What could this mean?
— No signs of panic selling.
— Those who wanted to take profits have already exited.
— There is space for a new impulse in the market.
We are monitoring the levels — a period of accumulation before the next movement is possible.