Bitcoin Alert
#bitcoin short-term holders are now selling at a loss for the first time since January 2025.
📉 This could mean two things:
A healthy momentum reset before the next move higher.
Or fading demand that risks a deeper correction.
With $BTC hovering near $120K, the STH-SOPR dropping below 1 shows short-term conviction is slipping.
⚡ What matters now: Will fresh buyers step in to absorb this supply—or does the market give way to a sharper pullback?