AxelAdlerJr
STH-SOPR shows a bearish alert
On the daily timeframe, the SOPR metric 🔵 MA 1 and 🟠 MA 7 short-term holders are in the dump zone. If we look at the history (marked with blue circles), we see that in the bear market, such indicators of this metric eventually led to the dump of coins.🩸 SOPR (Spent Output Profit Ratio) is an indicator which reflects the degree of realised profit and loss for all coins moved on-chain. STH-SOPR is an indicator which reflects the degree of realised profit and loss for all coins moved on-chain that have a lifespan less than 155-days (short-term holders).