Bitcoin Market Headwinds To Continue? Short-Term Holder SOPR Remain In Negative Territory
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Bitcoin is experiencing persistent bearish pressure with short-term holders selling at a loss. The Short-Term Holders Spent Output Profit Ratio (SOPR) has remained in negative territory for over two months, indicating weak investor sentiment. Approximately 46,000 BTC has been transferred to exchanges to be sold at a loss, reflecting low market confidence.
March 31, 2025 | 10:15 am
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Short-term Bitcoin holders are selling at a loss, with the SOPR metric hovering around 0.98, suggesting potential further price weakness in the near term.
The persistent negative SOPR indicates ongoing selling pressure from short-term holders, which typically leads to price declines. With 46,000 BTC being sold at a loss and weak investor sentiment, Bitcoin may continue to experience downward price movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100