⚠️ Short-term Bitcoin holders are panicking and exiting!
$BTC 's SOPR indicator (measuring the profit and loss status of short-term holders) shows that it is currently at its lowest level since the FTX incident 📉. This means that short-term bulls are significantly liquidating in the loss zone, and market sentiment is weak.
Unless the SOPR indicator starts to rise significantly, Bitcoin may face resistance and struggle to rise smoothly. Short-term operations should be cautious, and while seizing opportunities, one must also pay attention to risks!