Bitcoin's aSOPR (adjusted Spent Output Profit Ratio) remains at 1.01, indicating that market participants are barely making profits on their transactions.
Historically, when Bitcoin's aSOPR is above 1.01, it has preceded strong price rallies.
If the aSOPR holds above 1.01, it would suggest buyer absorption and renewed market confidence in anticipation of a price rally.
On the other hand, if the aSOPR declines below 1.0, it would mean sellers are offloading BTC at a loss, possibly leading to further downward pressure.