CryptoQuant: Bitcoin Indicator STH-SOPR Enters Red Zone, Suggest Gradual Profit-Taking
CryptoQuant analysts recently pointed out in a new article that as the Short-Term Holder Profit Ratio (STH-SOPR) indicator enters the red zone, investors who previously built positions in the $85K-$70K range should consider gradually taking profits. Analysts recommend adopting a strategy of selling in batches rather than liquidating all at once to cope with the potential continued rise in the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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