Bitcoin’s SOPR shows a potential trend shift


According to CryptoQuant analyst Crypto Dan, Bitcoin’s SOPR has broken above an 11-month downtrend, a development that could signal improving market conditions and a possible bullish reversal.
It’s still early, but this on-chain trend is definitely worth watching. 👀
#Gate60MillionUsers $BTC
BTC1.27%
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.
25 views
  • Reward
  • 5
  • 3
  • Share
Comment
Add a comment
Add a comment
TheBitcoinOracle
· 37 minutes ago
SOPR is pretty lagging, so don’t rush into FOMO.
View OriginalReply0
MultisigNomad
· an hour ago
11 months—how many bears have been wiped out?
View OriginalReply0
NFTArchaeologist
· an hour ago
👀 Early birds see it first; late birds chase the highs and get trapped.
View OriginalReply0
PendleBlade
· an hour ago
Gate, this card fits in quite naturally haha—the data itself is rock-solid.
View OriginalReply0
BlueChipCollector
· an hour ago
Trend reversal signal +1, position management is more important.
View OriginalReply0
  • Pinned