On November 6th, BTC is approaching the $100,000 mark again during its correction. Some analysts, based on the STH SOPR indicator, suggest that this rebound may indicate that the short-term buying opportunity has diminished.

Specifically, when SOPR gradually returns to around 1.0, it indicates that the advantage of buyers is waning. More importantly, a drop below the 0.995 level often means that short-term holders are starting to cut losses and sell—this point can actually be a signal for DCA( investors, indicating that the "surrender phase" at this stage may be creating opportunities.

Historically, such situations have occurred multiple times: in August 2023, BTC surged from $26,000 to $70,000; the same period last year, it rose from $54,000 to $100,000; and in April this year, it jumped from $78,000 to $126,000. These are all rebound phases after short-term selling pressure was released.

But now, it’s different. SOPR has already fallen back to around 1, indicating that this window is closing. Instead of chasing highs, it’s better to wait. BTC is currently at a critical fork point where bearish and bullish continuations are possible, and rushing in now carries higher risks. For DCA investors, the most prudent choice at this moment is to pause and wait for a clear surrender signal to appear.