Analysts: BTC short-term holders "surrender", the current market is facing local pressure
2025-12-15 08:34:53
Axel Adler Jr, an analyst at CryptoQuant, said in a social media post that the Bitcoin market is in a correction phase, with a 30% correction from its all-time high. Two on-chain indicators, the short-term holder payout profit-loss ratio (STH SOPR) and the profit-loss block (P/L Block), show that market participants are realizing losses and market sentiment is deteriorating. Short-term holders are surrendering, and the market is currently facing partial pressure.
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