The post Bitcoin SOPR Ratio Hits Cycle Low, Signals Potential Bottom appeared on BitcoinEthereumNews.com. Key Points: Bitcoin SOPR ratio falls to 1.35, indicating market reset. Signals potential bottom in bull market correction. Long-term profit-taking fades, reducing selling pressure. Bitcoin’s SOPR ratio fell to 1.35, the lowest since early 2024, as BTC price reaches $89,700, signaling reduced profit-taking and potential market stabilization. This SOPR shift suggests selling pressure is waning, hinting at bottom formation in Bitcoin’s market, potentially preluding a new bullish phase. Bitcoin SOPR Reaches 1.35: Possible Market Bottom The Bitcoin SOPR ratio has declined to 1.35, marking the lowest level since early 2024, as reported by CryptoOnchain. This decline indicates that the market is resetting, with Bitcoin’s price at approximately $89,700. Long-term holders are reducing significant profit-taking, suggesting selling pressure is nearly exhausted. With the SOPR ratio at its lowest since 2024, Bitcoin is experiencing a market cooling phase, which might signal a local bottom. Historically, such declines in the SOPR ratio have preceded a trend reversal, potentially leading to a renewed uptrend. The market has reacted by noting the decrease in long-term profit-taking, indicating a possible easing of sell pressure. This shift may support new inflows and demand, further paving the way for a future uptrend in Bitcoin prices. “A sharp decline in the SOPR ratio to ~1.35 typically indicates that long-term profit-taking is waning and selling pressure is nearing exhaustion, a signal often aligned with local bottom formations.” — Will Clemente, On-chain Analyst, Reflexivity Research Historical Trends and Future Bitcoin Market Signals Did you know? Historical patterns show that when the Bitcoin SOPR ratio nears cycle lows, it often coincides with a local bottom forming. This consistent signal has influenced market sentiment and buying behavior, contributing to subsequent price uptrends. Bitcoin is currently priced at $89,719.49, with a significant market cap of $1.79 trillion. Its market dominance stands at 58.69%. Over… The post Bitcoin SOPR Ratio Hits Cycle Low, Signals Potential Bottom appeared on BitcoinEthereumNews.com. Key Points: Bitcoin SOPR ratio falls to 1.35, indicating market reset. Signals potential bottom in bull market correction. Long-term profit-taking fades, reducing selling pressure. Bitcoin’s SOPR ratio fell to 1.35, the lowest since early 2024, as BTC price reaches $89,700, signaling reduced profit-taking and potential market stabilization. This SOPR shift suggests selling pressure is waning, hinting at bottom formation in Bitcoin’s market, potentially preluding a new bullish phase. Bitcoin SOPR Reaches 1.35: Possible Market Bottom The Bitcoin SOPR ratio has declined to 1.35, marking the lowest level since early 2024, as reported by CryptoOnchain. This decline indicates that the market is resetting, with Bitcoin’s price at approximately $89,700. Long-term holders are reducing significant profit-taking, suggesting selling pressure is nearly exhausted. With the SOPR ratio at its lowest since 2024, Bitcoin is experiencing a market cooling phase, which might signal a local bottom. Historically, such declines in the SOPR ratio have preceded a trend reversal, potentially leading to a renewed uptrend. The market has reacted by noting the decrease in long-term profit-taking, indicating a possible easing of sell pressure. This shift may support new inflows and demand, further paving the way for a future uptrend in Bitcoin prices. “A sharp decline in the SOPR ratio to ~1.35 typically indicates that long-term profit-taking is waning and selling pressure is nearing exhaustion, a signal often aligned with local bottom formations.” — Will Clemente, On-chain Analyst, Reflexivity Research Historical Trends and Future Bitcoin Market Signals Did you know? Historical patterns show that when the Bitcoin SOPR ratio nears cycle lows, it often coincides with a local bottom forming. This consistent signal has influenced market sentiment and buying behavior, contributing to subsequent price uptrends. Bitcoin is currently priced at $89,719.49, with a significant market cap of $1.79 trillion. Its market dominance stands at 58.69%. Over…