Bitcoin's dip sparks fears of a crash, but key metrics like SOPR and HODL Waves hint at accumulation opportunities.
With bearish sentiment surging, Bitcoin faces rising sell-offs by short-term investors. However, insights from SOPR and Realized Cap HODL Waves suggest…
This article explores the indicators shaping the market outlook, leveraging insights from the Realized Cap HODL Waves, Short-Term Holder SOPR, and BTC price charts.Source: CryotoQuant Historically, such redistributions often stabilize the market as fresh capital flows in. This provides a buffer against further downside, suggesting that the market is transitioning into a consolidation phase rather than a crash.The Short-Term Holder SOPR Chart offers insights into market sentiment. The current value of 0.987 reflects short-term holders selling at a loss, a pattern typically seen during periods of heightened fear.
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