Back to Bear Market Territory?
Bitcoin Adjusted SOPR (aSOPR) just slid back into the 0.92–0.94 zone — a range that historically aligns with peak bear market stress.
When aSOPR stays below 1.0, it signals that coins are being spent at a loss. That’s not strength — that’s pressure.
This is the phase where weak hands capitulate and strong hands quietly accumulate.
Stress is high. Sentiment is fragile.
But historically, this zone has marked late-stage pain — not early-stage euphoria.
Watch the reaction carefully.
#BuyTheDipOrWaitNow? #Market