Bitcoin Flashes Classic Bottom Signal as Short-Term Holders Capitulate

Source: ETHNews Original Title: Bitcoin Flashes Classic Bottom Signal as Short-Term Holders Capitulate Original Link: https://www.ethnews.com/bitcoin-flashes-classic-bottom-signal-as-short-term-holders-capitulate/ Bitcoin just triggered one of its most reliable short-term bottom signals. According to new CryptoQuant data, the Short-Term Holder SOPR, a metric tracking whether recent buyers are selling at a profit or a loss, dropped to 0.94 in November, even as BTC traded between $80,000 and $90,000.

A SOPR reading below 1.0 means short-term holders are realizing losses. Historically, these moments coincide with the kind of capitulation that shakes out weak hands and resets the market before sharp rebounds.

The chart, which highlights similar dips in early 2023, late 2023, mid-2024, and now November 2025, shows the same pattern repeating: short-term selling pressure spikes, price wicks lower, liquidity rotates, and buyers eventually step back in.

CryptoQuant describes the latest drop as loss realization, not structural weakness. The broader takeaway mirrors previous cycle behavior, during elevated price ranges, quick sell-offs from recent buyers often mark exhaustion, not trend breakdowns.

With macro expectations shifting toward possible Federal Reserve easing, analysts see this capitulation as part of a healthy cleansing phase rather than the end of Bitcoin’s larger trend. For now, market data points to a familiar setup: a short-term bottom forming through forced selling, historically followed by relief moves as pressure resets.