According to the on-chain platform, the SOPR Trend Signal is climbing for the third time in the ongoing bull cycle. Such a development has never been observed since the creation of the flagship asset, making this trend a critical moment in BTC’s market dynamics and direction.
In the meantime, the platform warns that a bearish shift may be indicated if the blue line crosses below the orange line, which is visible on the chart. However, given that the bearish shift has not occurred, Alphractal has urged investors to watch closely and stay calm during market fluctuations.
