#Bitcoin SOPR (Spent Output Profit Ratio) Enters Loss Territory 🔻


📝 SOPR is currently at 0.988, indicating market participants are realizing losses. This places the indicator below the 1.0 break-even line visible on the chart.
📍 Historically, values below 1.0, approaching the 0.97 capitulation zone, mark periods of significant $BTC accumulation. Past dips into this territory in 2022 and 2023 preceded major market rebounds.
💡 This move below break-even, coupled with extreme market fear, presents a classic contrarian setup. These zones are often where patient long-term capital finds strong entry points.
BTC0.92%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned