tugbachain2024-04-30

Short-term holders are moving at a loss

Short-term holders are moving their bitcoins at a loss. Investors who have been costing higher over the last 6 months are at a loss and are likely to panic sell below the SOPR, indicating that the market is close to a local bottom. In rising markets, SOPR 1 works as support and levels below 1 are a good opportunity to accumulate.