We need new money for Bullish.

We-need-new-money-for-Bullish

SOPR Ratio is calculated as long term holders' SOPR divided by short term holders' SOPR.

The high point after the Luna issue and the high point of the eco bubble are the same.

However, the SOPR ratio (LTH-SOPR/STH-SOPR) was lowered.

This may mean that short-term buying becomes stronger.

This may be a bull market entry or a 15k~25k box.

If the flow of money in the market continues, prices will rise.

In 2018, 2020 and 2021, the short-term holder SOPR recorded a steady rise.

Therefore, external funds are needed to meet the conditions for entering the bull market in 2023.

However, since the macro is not the case, it can be seen that the current short-term holder SOPR has a bearish divergence pattern.

New cash inflows are needed for the rise.