Short-term Bitcoin holders have realized floating profits for the first time in nearly six months, indicating that Bitcoin's rise may encounter resistance
By: rootdata|2026/05/01 03:50:38
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According to crypto analyst Darkfost, the 30-day moving average of the btc-42">Bitcoin short-term holder (STH) SOPR has turned positive for the first time in the past six months, indicating that STHs are on average at breakeven or slightly profitable.
Historical data shows that this situation often acts as a resistance level during bear markets, as holders may flee due to a lack of confidence.
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