📉 $BTC faces potential downside as CryptoQuant's latest analysis shows Short-Term Holders (STHs) may soon take profits.

⚠️ The STH-SOPR metric indicates a selling trend among #investors hodling for ≤155 days.

#STHs #BitcoinPrice2024 #BitcoinPrediction #BitcoinPriceDrop

In the midst of #Bitcoin's recent surge past $30,000, #CryptoSlate's detailed analysis of short-term holders ( #STHs ) and their realized profit/loss ( #RPL ) ratio reveals crucial insights into market trends. As the STH RPL ratio experiences a positive shift, history shows this could signal a significant turning point in the market. But what does this mean for the upcoming market momentum?