우민규 Woominkyu2025-09-29

BTC SOPR ratio (LTH-SOPR / STH-SOPR) has dropped back near 1.5.

That means short-term holders are realizing bigger losses, while long-term holders remain steady. We saw the same setup in late 2024—short-term capitulation while LTH conviction stayed strong—right before a major rebound. Historically, these low-ratio zones often align with price bottoms, marking the late stage of corrections. Short-term pain, long-term gain.