On-chain metrics are being used to identify seller exhaustion points during market corrections and consolidations in the Bitcoin bull market. The framework focuses on the Short-Term Holder (STH) cohort, which is often the main source of losses in a bull market. The metrics used include the MVRV Ratio, SOPR, and Realized Loss, which assess unrealized and realized losses of investors. The framework also differentiates between daily traders and weekly-monthly swing traders. The goal is to identify points of oversold conditions and establish local bottoms in the market. ๐๐