🚨 $BTC demand is still showing resilience.
Glassnode’s SOPR remains above 1, meaning coins are, on aggregate, being spent at a profit.
What stands out is that profit-taking hasn’t translated into major downside pressure.
So far, the market is absorbing sellers without breaking the broader structure.
A metric worth keeping on the radar as $BTC moves forward.
#BTC #Bitcoin #Crypto #Trading
Glassnode’s SOPR remains above 1, meaning coins are, on aggregate, being spent at a profit.
What stands out is that profit-taking hasn’t translated into major downside pressure.
So far, the market is absorbing sellers without breaking the broader structure.
A metric worth keeping on the radar as $BTC moves forward.
#BTC #Bitcoin #Crypto #Trading
