Short-Term Holder SOPR indicates that the coins are once again realizing a profit

Short-Term-Holder-SOPR-indicates-that-the-coins-are-once-again-realizing-a-profi

Due to what is currently happening in the banking sector, we see that market participants are reevaluating their attitudes toward the Bitcoin market. Since March 12, 2023, coins moved inside the network by short-term holders are again profitable.

Of course, this is a positive factor for Bitcoin, but still, one thing confuses me here. It is absolutely clear that the rate at which the profitability of short-term coins (< 155d) is growing is far behind the growth of the Bitcoin price. If this contradiction persists shortly, it may create conditions for another rollback to $19,000-$21,000.