Onchain data showing strength right here 👀
$BTC holders are taking profit and price isn't dumping. That's real bid absorption.
Entity-adjusted SOPR sitting above 1 = classic bull market structure. As long as we hold above that line, demand is still there.
If SOPR flips back under 1? That's your signal the bid is drying up. Watch that level closely.
$BTC holders are taking profit and price isn't dumping. That's real bid absorption.
Entity-adjusted SOPR sitting above 1 = classic bull market structure. As long as we hold above that line, demand is still there.
If SOPR flips back under 1? That's your signal the bid is drying up. Watch that level closely.
