Trading Crypto Guide ™

In a market where potential gains remain largely untapped, it's crucial to assess how participants are reacting. To do this effectively, we can utilize various SOPR metrics, which gauge the average extent of realized profit or loss within different groups.

🟠 Market Average SOPR: 1.13 (indicating a profit increase of 13%)

🔵 Long-Term Holder-SOPR: 2.07 (showing a substantial profit surge of 107%)

🔴 Short-Term Holder-SOPR: 1.02 (reflecting a modest profit uptick of 2%)

Currently, all participant groups are capitalizing on significant realized profits, a trend commonly seen in a bullish market (highlighted in 🟧). Additionally, we've identified periods where all three SOPR variants surpass their previous values (marked in 🟥). These occurrences coincide with the peak euphoria stages of both the 2017 and 2021 bull markets, mirroring insights from MVRV analysis.

www.tgoop.com/TCGFORYOU/28977

7.9K viewsMar 3, 2024 at 11:01

In a market where potential gains remain largely untapped, it's crucial to assess how participants are reacting. To do this effectively, we can utilize various SOPR metrics, which gauge the average extent of realized profit or loss within different groups.

🟠 Market Average SOPR: 1.13 (indicating a profit increase of 13%)

🔵 Long-Term Holder-SOPR: 2.07 (showing a substantial profit surge of 107%)

🔴 Short-Term Holder-SOPR: 1.02 (reflecting a modest profit uptick of 2%)

Currently, all participant groups are capitalizing on significant realized profits, a trend commonly seen in a bullish market (highlighted in 🟧). Additionally, we've identified periods where all three SOPR variants surpass their previous values (marked in 🟥). These occurrences coincide with the peak euphoria stages of both the 2017 and 2021 bull markets, mirroring insights from MVRV analysis.

BY Trading Crypto Guide ™