最新报道:Bitcoin short-term holders (STHs) have realized minimal profits below 5% over the past 10 months, with their Spent Output Profit Ratio (SOPR) staying neutral around 1, indicating late entry during the rally. Despite rising losses—STH Supply in Loss surged from 190.3k BTC to 1.27M BTC—sell-side risk remains extremely low at 0.0007, suggesting holders are retaining assets. The stagnant 30-day flow change (47% STH supply) and declining RVT ratio (0.058) further signal reduced market stress. Analysts note such conditions historically precede rebounds, but panic selling could push BTC toward $112k support. A sustained hold may help reclaim $117k resistance.