BITCOIN JUST HIT THE SAME SIGNAL THAT PRECEDED EVERY BIG RALLY

Short-term holders are finally capitulating -- STH-SOPR is sliding toward the 0.90 zone.

That level only shows up in a few moments each cycle, and every time it does, two things happen:

📉 Weak hands sell at a loss
📈 Price holds anyway

That’s exactly what we’re seeing now.

$BTC has absorbed three weeks of loss-taking without breaking structure. Historically, this setup marked major turning points:

📅 2018: end of capitulation
📅 2020: start of the breakout
📅 2022-2023: multiple local bottoms before rallies

Now we’re back there again.

When STH panic-sell but BTC refuses to break, it usually means the market is drying up the weak supply -- and building the base for the next leg up.