On-chain and alt-sector research at The Markets Unplugged. Creator of the Bitcoin Barometer, Ethereum Barometer, Alt Sector Radar and ETH Rotation Index.
Host of the Crypto Unplugged podcast.
As Bitcoin consolidates above $93,000, some participants are searching for clues that might signal a local top or deeper correction. However, the Spent Output Profit Ratio (SOPR) tells a different story — one that suggests healthy rotation, not panic selling or trend exhaustion.
The SOPR, which reflects the profit or loss realised by coins moved on-chain, is currently sitting at 1.0046, just above the neutral threshold. That value reflects calm, calculated exits and a market structure built on steady handovers rather than emotional volatility.
On-chain and alt-sector research at The Markets Unplugged. Creator of the Bitcoin Barometer, Ethereum Barometer, Alt Sector Radar and ETH Rotation Index.
Host of the Crypto Unplugged podcast.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
Co-founder and lead technical analyst at The Markets Unplugged. Leads technical,
macro, and cycle analysis, and builds the timing and macro frameworks behind TMU's
premium research. Instructor on the Cycle Intelligence course.
