CryptoQuant Alerts Point to Potential Market Downturn, But Stablecoin Liquidity Hints at Recovery

CryptoQuant’s latest STH-SOPR alerts are raising eyebrows in the crypto community. The indicator suggests a potential market downturn as short-term Bitcoin holders have been selling their holdings at losses around the $90,000 level. This marks emotional market capitulation. However, CryptoQuant CEO Ki Young Ju offers insights that suggest this dip might be just a temporary phase. He expects stabilization, with Bitcoin potentially finding support near $90,000. This aligns with historical trends where STH-SOPR patterns have historically signaled potential market bottoms.