Potential risk for Bitcoin’s price action

A decrease in STH SOPR may signal growing investor caution, potentially slowing bullish momentum. The ratio’s current value suggests a delicate balance, reflecting recent market hesitancy as traders weigh their next moves.

If STH SOPR continues to fall, we may experience intensified selling, especially with price levels nearing the 85,000 USD to 99,000 USD range. The interplay between holders significantly affects Bitcoin’s market dynamics.

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