Bitcoin Indicator: The Short-Term Holder SOPR on CryptoQuant is currently dipping slightly below 1 (reaching 0.99*), reflecting current market behavior:
When BTC STH SOPR < 1, short-term investors tend to sell at a slight loss or break-even as the $BTC price corrects to the $78K zone
Historical perspective: Previous data shows that whenever this indicator drops sharply (completely shaking out speculators), the market often establishes a local bottom before recovering
The stop-loss selling pressure for $BTC this time is not as panicked as in November 2025 or February 2026, indicating that market sentiment is shifting towards a gentler shakeout and accumulation phase

Written by Rei Researcher
