$BTC ’s LTH SOPR just dipped below 1.0, meaning some long-term holders are now selling at a loss instead of continuing to hold. These aren’t short-term traders or late entrants. These are investors who’ve held through multiple market cycles.
Historically,…that usually signals late-stage pullback behavior, not the start of a fresh downtrend. Once long-term sellers are flushed out, selling pressure often dries up quickly.
From a POC (Point of Control) perspective, price is still trading close to a high-volume node — an area where the most trading activity has occurred. This typically acts like a magnet and a stabilizing zone. As long as $BTC holds around this POC, it suggests acceptance rather than rejection, and the market is absorbing supply instead of breaking down.
Combine that with already-cleared leverage and intact higher-timeframe structure, and this move looks more like selective exhaustion than broad panic.
Moments like this have quietly set the base for the next expansion in past cycles.
Now it’s all about whether price holds the POC — because once it does, the next move usually isn’t small 👀
Tade on it 👇
