BTC $79,040.41 -0.69%
ETH $2,482.69 +0.14%
BNB $739.76 -0.50%
XRP $1.39 -1.00%
SOL $104.48 -1.19%
TRX $0.3341 -0.32%
DOGE $0.0898 +1.57%
ADA $0.2193 +0.73%
BCH $260.08 +2.11%
LINK $12.96 +6.37%
HYPE $86.25 -3.55%
AAVE $132.38 -1.27%
SUI $0.8166 +3.73%
XLM $0.1899 +3.45%
ZEC $1,161.07 +0.22%
BTC $79,040.41 -0.69%
ETH $2,482.69 +0.14%
BNB $739.76 -0.50%
XRP $1.39 -1.00%
SOL $104.48 -1.19%
TRX $0.3341 -0.32%
DOGE $0.0898 +1.57%
ADA $0.2193 +0.73%
BCH $260.08 +2.11%
LINK $12.96 +6.37%
HYPE $86.25 -3.55%
AAVE $132.38 -1.27%
SUI $0.8166 +3.73%
XLM $0.1899 +3.45%
ZEC $1,161.07 +0.22%

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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