Bitcoin is showing controlled optimism as confirmed by the STH SOPR analysis. The indicator remains in the middle zone, far from "Extreme Greed", which indicates the potential for further growth.

Combining the SOPR with the 30-day moving average shows that short-term holders are taking moderate profits without too much euphoria.

In past cycles, entering the zone of "Extreme Greed" often led to corrections, while "Extreme Fear" indicated moments of accumulation.

SOPR now points to healthy growth with moderate optimism. This may be a transitional stage where investors adjust their positions.

It is important to follow the indicator in the coming weeks. If it gets close to "Extreme Greed," it could signal more aggressive profit-taking.

Investors should take advantage of the upside potential while remaining cautious to protect capital against volatility.