这波比特币长期持有者SOPR指标下探至本轮牛市低位 比特币长期持有者SOPR 全称为 Long-Term Holder Spent Output Profit Ratio,即长期持有者已花费输出利润比率。它是一个比特币链上指标,针对持有时间超过155天的地址(定义为长期持有者)计算其出售比特币时的利润比率。具体来说,该指标通过比较这些长期持有币的出售价格与最初获取价格的比率来评估:如果 LTH-SOPR 大于1,表示长期持有者在盈利状态下出售;等于1,表示盈亏平衡;小于1,表示亏损出售 这个指标反映了长期持有者的市场行为和整体市场情绪。例如,当 LTH-SOPR 较高时,可能表明长期持有者正在锁定利润,暗示市场可能处于牛市顶部或过热阶段;反之,当其较低(尤其是低于1)时,表明长期持有者在亏损中出售,可能信号市场底部或熊市末期,从而帮助投资者判断潜在的买入或卖出时机
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