The Short-Term Holder to Long-Term Holder (STH-LTH) Market Value to Realized Value (MVRV) indicator recently declined to 0.72, falling below previous local bottoms recorded in August 2024 and April 2025.
Bitcoin is struggling to hold the $70,000 level as persistent selling pressure weighs on market sentiment and momentum ... Recent data shows the STH MVRV dropping sharply to around 0.752, with the cohort’s realized price near $95,400.
STH 0D-1D at roughly $89,800 and STH 1W-1M near $90,000... The 1M-3M cohort sits near $92,500 and is already underwater, meaning it may sell into rebounds, while the aggregated STH realized price around $99,300 remains a major ceiling.
Now, here is the chart shared by Glassnode that shows the trend in the Bitcoin STH NUPL over the last several years.. As displayed in the above graph, the Bitcoin STH NUPL has been negative recently, ...
Historically, the STH cohort has proven to represent the weak hands of the market, who easily react to market volatility ... The STH version specifically tracks the break-even level of the supply purchased within the past 155 days.
Bitcoin has pushed above the $97,000 level for the first time since early November, reviving optimism across the market after weeks of uncertainty ... This behavior suggests that confidence among shorter-horizon investors has not yet been fully restored.
The latest on-chain update from Adler focuses on the behavior of short-term holders through the STH SOPR metric, which measures the ratio between the selling price and the acquisition price of coins that last moved within the past 155 days.
A sustained move above this area would place the average STH back into profit, easing stress among recent buyers who have been underwater for weeks ... STH cost basis—market structure tends to improve.
STH SOPR Above 1 — BullishRebound Or Fakeout?. The Short-Term Holder SpentOutputProfit Ratio (STH-SOPR) is a key on-chain metric that judges investors’ sentiment. In definition, the STH-SOPR ...
His short-term risk chart places BTC below the Short-Term Holder (STH) Cost Basis, currently estimated near $100,200 ... Until BTC reclaims the STH Cost Basis, ... STH Losses Continue To Cap Bitcoin’s Upside.
According to top analyst Darkfost, one of the most informative indicators in the current environment is the Short-Term Holder SpentOutputProfit Ratio (STH SOPR) ... If STH SOPR approaches the neutral ...
Initially, Bitcoin began the last month of 2025 with significant bearish momentum, with the price structure taking on a clear bearish direction ... Binance Inflows See Rapid Monthly Decline From $24.7B To $16.54B ... Bitcoin Price Overview ... .