🧐 If $BTC STH-SOPR is high...don't buy, it means folks are taking profit and applying sell-side.
Conversely, in a bull market, dips back to 1.0, or preferably short sharp undercuts of it are opportunities to stack the cheapest sats.
Spent Output Profit Ratio (SOPR) tracks the profit level of all moved Bitcoins during a given period. It indicates whether sellers are in profit or loss when their transaction takes place on the blockchain.