BTC $64,571.98 +0.42%
ETH $1,912.22 +0.37%
BNB $602.61 -0.42%
XRP $1.00 -0.17%
SOL $76.97 +1.47%
TRX $0.3328 +0.54%
DOGE $0.0701 -0.27%
ADA $0.1729 -0.47%
BCH $203.78 -0.33%
LINK $9.51 +0.07%
HYPE $58.55 -0.28%
AAVE $88.26 -0.05%
SUI $0.6526 -3.41%
XLM $0.1539 -2.19%
ZEC $509.64 -1.28%
BTC $64,571.98 +0.42%
ETH $1,912.22 +0.37%
BNB $602.61 -0.42%
XRP $1.00 -0.17%
SOL $76.97 +1.47%
TRX $0.3328 +0.54%
DOGE $0.0701 -0.27%
ADA $0.1729 -0.47%
BCH $203.78 -0.33%
LINK $9.51 +0.07%
HYPE $58.55 -0.28%
AAVE $88.26 -0.05%
SUI $0.6526 -3.41%
XLM $0.1539 -2.19%
ZEC $509.64 -1.28%

CryptoQuant: Short-term Bitcoin holders are taking profits at highs instead of continuing to hold

2026-05-18 08:24:48

CryptoQuant analyst Axel Adler stated that Bitcoin has recently attempted to break through the $82,000 level three times, but each time it faced a pullback. During each rebound, the STH-SOPR indicator rose to around 1 before weakening again, indicating that short-term holders are taking profits during the uptrend rather than continuing to hold.

Currently, $82,000 is not only a key resistance level from a technical perspective but also an important selling pressure zone from a market behavior perspective, having formed a strong selling pressure area.

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