$BTC 🔴Bitcoin: 113,782 US Dollars
Is it time to reset the market?
For the first time since January 2025, short-term Bitcoin holders (STHs) have started selling their coins at a loss again. This phenomenon has not occurred since the deep correction we witnessed at the beginning of this year, which marked a turning point in the current market cycle.
What is happening now?
Over the past few months, we have seen a notable recovery in the market, with short-term investors continuously selling Bitcoin while making profits, as the price moved toward record levels. But now, the STH-SOPR indicator (which measures the profit or loss ratio when selling coins) has fallen back below 1, meaning these investors have started realizing losses when selling.
What does this mean?
Historically, this type of movement carries two main implications:
🟥 Weak momentum: When investors begin to continuously incur losses, it may signal that the market is entering a corrective phase, as speculators and 'weak hands' exit.
🟩 Healthy reset: Sometimes, these temporary declines serve as an opportunity to cleanse the market of unprepared investors, paving the way for more sustainable and robust increases.
Why is this important now?
Bitcoin is currently facing strong resistance, and with this event, selling at a loss becomes a critical indicator of market health. #ETHInstitutionalFlows #REVABinanceTGE