#binanacesquare $BTC
The market experienced a peak drop last April before gradually recovering, with Bitcoin managing to break its historical levels.
This recovery allowed short-term investors to realize significant profits, but the recent correction, which reduced the price by about ten thousand dollars, pushed them back to selling at a loss.
The decline of the "STH-SOPR" index below 1 – for the first time in over six months – is a sign that market momentum is waning, or that it is undergoing a liquidation phase for impatient speculators.
Historically, such behavior may either pave the way for further weakness or for a new rally if selling pressure is absorbed.
On the other hand, there are positive indicators.
The net daily flows of Bitcoin to exchanges have become more negative, rising from -1.7 thousand to -3.4 thousand Bitcoins, indicating an increase in the pace of buying versus selling.
These signals may reflect a shift from investors toward accumulating the asset during downturns, enhancing the chances of a strong price rebound in the near future.#binancSquare