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Joao Wedson: Bitcoin on-chain spending is still mainly for profit-making, SOPR has not yet sent out bullish signals
2026-08-27 18:53:22
According to CoinMeta, analyst Joao Wedson indicates that spending on the Bitcoin chain is still dominated by profits, and there has been no large-scale loss transfer similar to that of 2022 in this current cycle. The SOPR trend signals have not yet generated bullish signals, and Joao Wedson tends to remain patient before confirming the start of a bull market.
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Source：Internet
This content is for market information only and does not constitute investment advice.
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