#TradeWarEases
Attention: STH-SOPR in the 'red zone'
According to CryptoQuant, the STH-SOPR (Short-Term Holder Spent Output Profit Ratio) metric indicates a move into the overbought zone — the very 'red zone' where it has historically been sensible to consider locking in at least some profits.
STH-SOPR shows whether short-term holders are selling BTC at a profit or a loss. When the value is high and the market is in euphoria, it can be a signal: many are locking in profits, and the market becomes vulnerable.