🔍 Analysis post about the LTH SOPR chart (April 2025)

📈 The realized profit ratio of long-term holders (LTH SOPR) shows how long-term holders are selling their coins at a profit. A value above 1 means the coins are being sold for a profit; below 1 — a loss.
In the past 6 months:
🔹 LTH SOPR has continuously remained above 1, mainly fluctuating between 1.5–3.5
🔹 This indicates that long-term holders are making profits — but not excessively, which suggests there is no panic selling.
🔹 Although BTC$BTC has adjusted from $106,000 down to around $85,000 in March, the price has recovered in April — reinforcing a strong bullish structure.
🔹 No extreme SOPR spikes have been seen yet (>5) — which used to be common near market peaks.
💡 Conclusion:
The market is not too hot. Long-term holders are gradually taking profits, not selling off in bulk. This creates a solid foundation for the next price increase in 2025.
🚀 A new price momentum may be coming — the final excitement phase could still happen.