STH SOPR Reclaims 1.0 → Short-Term Bottom Signal

STH-SOPR-Reclaims-10-Short-Term-Bottom-Signal

STH SOPR recently dipped below the ~0.95 capitulation zone and has now reclaimed the key 1.0 level.

This indicates that a large portion of short-term holder sell pressure has been absorbed, suggesting a meaningful easing in near-term supply.
As a result, the probability of a continued technical rebound is increasing.

While this capitulation was not as severe as the August 5, 2024 event (which saw SOPR approach ~0.9),
the series of recent capitulation signals appears sufficient to have flushed out weak hands.

Therefore, although higher time frame downside risk cannot be fully ruled out,
the current structure favors a potential move back toward the $80K–$90K range, which previously acted as a key supply zone.