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ETH $2,380.50 -4.43%
BNB $730.59 -2.42%
XRP $1.30 -6.40%
SOL $103.42 -4.34%
TRX $0.3281 -1.01%
DOGE $0.0785 -5.22%
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BCH $273.69 -4.85%
LINK $11.93 -6.10%
HYPE $77.43 -5.08%
AAVE $146.47 -6.97%
SUI $0.9719 -6.69%
XLM $0.1758 -5.20%
ZEC $1,212.15 -9.87%
AAPL $348.22 +1.20%
AMZN $250.96 -4.67%
GOOGL $325.14 -3.04%
MSFT $521.54 -2.19%
META $648.72 -9.86%
NVDA $212.85 -4.07%
TSLA $374.52 -4.33%
SNDK $1,255.99 -8.56%
INTC $85.48 -8.11%
SPCX $144.82 -8.97%
MU $858.33 -5.95%
AMD $509.52 -7.75%

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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