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![[CoinToon] "Bitcoin, Not Yet in a Full-Fledged Bull Market"](/_next/image?url=http%3A%2F%2Fwww.coinreaders.com%2Fdata%2Fcoinreaders_com%2Fmainimages%2F202605%2F700_560_800_640_2026050646048315.webp&w=3840&q=75)
[CoinToon] "Bitcoin, Not Yet in a Full-Fledged Bull Market"
Cryptocurrency analyst cryptometugce analyzed that it is still too early to judge that Bitcoin (BTC) has entered a full-fledged bull market. He said, "Bitcoin is showing early signs of an uptrend. Market confidence is recovering, with the Short-Term Holder's Spent Output Profit Ratio (STH-SOPR) remaining above 1. However, the fact that the realized price of short-term holders, considered a key resistance level, has not yet been broken through is a variable. He explained that breaking above and stably maintaining that price level can be seen as a signal of entering a bull market."
*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*
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