The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) is showing signs of recovery, suggesting a potential rally for Bitcoin. This metric, which tracks the profitability of coins moved by short-term holders, indicates that selling pressure from weaker hands is being absorbed by stronger buyers. As this trend continues, it may signal the early stages of a market rebound, reminiscent of past STH-SOPR resets that preceded significant Bitcoin price increases.
STH-SOPR Recovery Hints at Potential Bitcoin Rally
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