Bitcoin prices are fluctuating! 📉 Onchain data shows that short-term investors are selling at a loss. The SOPR ratio has risen to 0.987, which is usually a sign of price recoveries. Historically, such scenarios can signal buying opportunities.

- Other indicators such as MVRV and Puell Multiple suggest that the market has not reached its peak and this week’s correction is not the end of the bull cycle.

- US economic data is weighing on risky assets like Bitcoin. NFP data is eagerly awaited.

Do you think this correction is a buying opportunity? Share your thoughts in the comments! 💬