#比特币价格走势分析 Looking at this Bitcoin SOPR ratio data, it seems that the market sentiment is indeed changing. A low of 1.35 indicates that profit-taking has mostly been completed, and selling pressure is waning. Historically, when this indicator reaches this level, it often marks a stage bottom. However, I still need to remind everyone that a single indicator should not be blindly followed; it should be combined with other factors for a comprehensive assessment.

The current market structure is indeed somewhat similar to early 2022, with over 25% of supply in loss, ETF capital inflows slowing down, and spot momentum not being very strong. The key is whether we can hold the cost range. My suggestion is to try small positions for exploratory building, but be sure to set stop-losses. After all, the market always involves risks and opportunities, and the key is how to maintain a balance.