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![[CoinToon] "Bitcoin, not yet entered 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 entered 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 explained, "Bitcoin is showing early signs of an uptrend. There is a trend of market confidence recovery, such as the Short-Term Holder SOPR (STH-SOPR) remaining above 1. However, the fact that the short-term holder realized price, which is considered a key resistance level, has not yet been broken is a variable. It can be seen as a sign of entering a bull market only if this price level is broken upwards and maintained stably."
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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