BTC $64,351.80 +2.15%
ETH $1,905.80 +1.37%
BNB $605.35 +0.13%
XRP $1.00 +0.37%
SOL $75.88 +1.23%
TRX $0.3311 -0.04%
DOGE $0.0703 +0.89%
ADA $0.1739 -1.19%
BCH $204.45 +0.57%
LINK $9.51 +1.06%
HYPE $58.75 +2.11%
AAVE $88.17 +2.36%
SUI $0.6760 +0.32%
XLM $0.1577 +0.48%
ZEC $517.82 +6.06%
BTC $64,351.80 +2.15%
ETH $1,905.80 +1.37%
BNB $605.35 +0.13%
XRP $1.00 +0.37%
SOL $75.88 +1.23%
TRX $0.3311 -0.04%
DOGE $0.0703 +0.89%
ADA $0.1739 -1.19%
BCH $204.45 +0.57%
LINK $9.51 +1.06%
HYPE $58.75 +2.11%
AAVE $88.17 +2.36%
SUI $0.6760 +0.32%
XLM $0.1577 +0.48%
ZEC $517.82 +6.06%

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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