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@ Layer3.news
2025-02-21 11:01:33
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SHORT-TERM BITCOIN SELLERS RETREAT—COULD THIS SPARK A MARKET COMEBACK?
https://i0.wp.com/img.cryptoquant.com/192610/quicktake/YFrXTC3v_966ad29e991e5c8c051652cca182dad9b50a660e6f8914de7c06fcb02bcadd2d.png?resize=1280%2C720&ssl=1
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✍️ Bitcoin's price remains below $100,000, with a 10% decrease from its all-time high. Market participants are examining on-chain metrics, including the Short-Term Holder Spent Output Profit Ratio (STH SOPR), for clues about the future.
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👉 Bitcoin's price remains below $100,000
👉 Short-term holders have sold at a loss during three notable corrections
👉 STH SOPR is near-neutral, suggesting that fear-driven selling may be subsiding
👉 The recent stabilization of STH SOPR may set the stage for a stronger rally in the months ahead
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#BurakKesmeci #technology
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