Bitcoin’s STH-SOPR Struggles at 1.0, Profitability Shift or More Losses?
The post Bitcoin’s STH-SOPR Struggles at 1.0, Profitability Shift or More Losses? appeared on BitcoinEthereumNews.com.
Currently, the BTC price faces a crucial price moment since the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) remains near 1.0. The metric used to monitor short-term holder transactions shows rising market uncertainty by recording how profitable or loss-making their sales are. Investors are examining at current BTC price level whether fresh investments will enter the market or intensify destitution among traders. Bitcoin Price Faces a Critical Moment as STH-SOPR Hovers at 1.0 Short-Term Holder Spent Output Profit Ratio (STH-SOPR) evaluates Bitcoin profit or loss earned by traders who keep Bitcoin for fewer than 155 days. The measurement allows investors to detect which category of sellers operates above or below breakeven (STH-SOPR > 1 or < 1 or = 1). The metric reveals investor reactions to market price movements because it provides real-time market sentiment information Source: Glassnode The present Bitcoin market faces difficulties for its Short-Term Holder Spent Output Profit Ratio (STH-SOPR) which remains at 1.0. The seven-day amended moving average shows how short-term trading holders achieve profits or losses through sales activities. The inability of BTC to sustain prices above this critical point will unleash rising selling pressure that could fuel price slumps. With the press-time BTC price at $95,000 yet meeting obstacles at $98,500 and $102,000 before it could push through these barriers. If Bitcoin cannot maintain a value above 1.0 on the STH-SOPR metric, analysts predict negative market forces will strengthen and weaken prices down to 91,500 and $88,000. Meanwhile, the market indicator STH-SOPR has demonstrated historical significance throughout market periods by detecting changes in short-term holder trust. The continuous positioning of STH-SOPR above 1.0 typically triggers long-term bullish trends in Bitcoin markets. The market usually enters a downward direction immediately after short-term holders fail to recover their 1.0 STH-SOPR position, as observed in market cycles…
Filed under: News - @ February 25, 2025 2:27 pm