Bitcoin News

Story: Bitcoin Market Reset After Leverage Wipe and SOPR Shift

By Sakamoto Nashi

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Leverage Wipeout Marks Key Turning Point. Over the past few weeks, Bitcoin’s open interest — the total value of outstanding futures…

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SOPR Shows Signs of Market Maturity. Another encouraging signal comes from the Spent Output Profit Ratio (SOPR), a key on-chain…

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Bitcoin Price Holds Firm Near $110,000. Despite short-term fluctuations, Bitcoin has managed to hold steady near the $110,000 level.

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Stablecoin Supply Growth Signals Liquidity Readiness. While derivatives traders reset their positions, another important trend is taking shape:…

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Analysts See Reset as Foundation for Next Cycle. Market commentators are viewing the current Bitcoin setup as a structural reset rather than a…

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Macro Environment Supports Cautious Optimism. The broader macro backdrop continues to influence Bitcoin’s trajectory. The U.S.

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Outlook: Bitcoin Market Poised for a Healthier Phase. Overall, the current environment paints a picture of a maturing Bitcoin market.

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Bitcoin’s recent price action suggests the market may be entering a stabilization phase after a significant leverage flush and cooling trader sentiment.

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Leverage wipeouts occur when overextended traders are forced to close their positions, often due to liquidations triggered by sharp price movements.

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Since late September, open interest across major exchanges has fallen dramatically, signaling that traders are reducing risk exposure.

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Another encouraging signal comes from the Spent Output Profit Ratio (SOPR), a key on-chain indicator that tracks whether investors are selling at a profit or loss.

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When the SOPR stabilizes around this level, it often marks the end of capitulation phases and the start of accumulation periods.

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Analyst @CryptosR_Us described the current market phase as a “post-capitulation reset,” where long-term holders are quietly rebuilding their positions.

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Despite short-term fluctuations, Bitcoin has managed to hold steady near the $110,000 level. Over the past week, the asset is down around 4.

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The calm price action stands in contrast to the turbulence seen in October, when Bitcoin experienced sharp swings amid Federal Reserve policy uncertainty and shifts in…

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