The crypto market is currently showing a negative trend, especially for short-term investors. The STH SOPR (Short-Term Holder Spent Output Profit Ratio) indicator is below 1, indicating that most on-chain transactions are experiencing losses. This situation is similar to the decline that occurred in March, where short-term investors sold their assets at a loss. Fear and panic dominate market sentiment.

However, amid this uncertainty, Bitcoin (BTC) remains a hope for many investors. With strong fundamentals, BTC is seen as an asset that can endure and recover faster compared to other crypto assets.