Bitcoin Short-Term Holders Face Capitulation: Signs of Market Bottom Forming?

Recent data suggests Bitcoin’s short-term holders (STHs) are facing capitulation, selling at a loss and indicating potential market bottom formation. The Bitcoin STH-SOPR metric fell to 0.992, the lowest since April, signaling that investors who sold Bitcoin in recent days are doing so at a loss. This is often a precursor to market bottoms, particularly as these periods see short-term rallies meet selling pressure from those seeking to minimize further losses.