Bitcoin’s $BTC adjusted SOPR is back above 1 and holding, which tells me sellers can take profits without the price immediately rolling over. That kind of sustained buying pressure is classic bull market behavior in my book. If it breaks back under 1, the demand looks like it’s fading and I’d get more cautious. For now though, the bid feels solid enough to keep supporting higher prices. $ETH #BTC Price Analysis# #ETH
