$BTC Something unusual just happened in Bitcoinās on-chain data ā and markets should pay attention.
š» **LTH SOPR briefly dipped below 1.0**
This means **long-term Bitcoin holders are selling at a loss**.
These arenāt short-term traders or weak hands.
These are investors whoāve held through **multiple market cycles**.
š **Why this matters:**
Historically, when long-term holders capitulate, it tends to appear **near major inflection points** ā often **late in a pullback**, not at the start of a crash.
Once these strong hands are flushed out, **sell-side pressure dries up quickly**.
š§ **Context is key:**
⢠Price is still holding key market structure
⢠Leverage has already been reset
⢠Broader demand hasnāt collapsed
This doesnāt look like full-blown panic ā it looks like **selective exhaustion**.
š **What history suggests:**
Moments like this have quietly preceded **powerful trend reversals** in past cycles.
š So the question now:
Is this the **final shakeout before momentum flips bullish**ā¦
or the beginning of a deeper correction?
Stay alert ā **Bitcoin never stays quiet after signals like this.**
#Bitcoin #BTC #OnChainData #LTH #BTCAnalysis š