Short-Term Holder Capitulation: SOPR Signals Local Stress

The Bitcoin market is in a correction phase with a 30% drawdown from the all-time high. Two on-chain indicators: STH SOPR and P/L Block point to loss realization by participants and deteriorating market sentiment. source: https://axeladlerjr.com/short-term-holder-capitulation-sopr-signals-local-stress/