Bitcoin Short-Term Holder Profits Signal Consolidation, Not a Market Top

Recent analysis suggests Bitcoin’s short-term holder (STH) profit-taking may be leading to market consolidation rather than a top. This comes as STHs are realizing profits on the rise in price, while strong demand and robust underlying markets suggest a healthy pause before further growth. Expert insights from Axel Adler Jr., who utilizes metrics like the Spent Output Profit Ratio (SOPR), offer valuable context for investors navigating the volatile crypto market.