SmartHoldem (STH)

⑫ (STH sell pressure decline)
Short-term holders' inflow to exchanges has dropped sharply. Panic selling has subsided, and market stability has recovered. The decline in sell pressure acts as a lower support factor.

STH‑SOPR is below 1 (0.985), and short‑term holders are continuing loss‑selling, with the bearish‑market structure persisting.

BSC fees and STH loss

Chain fees plummet + STH capital contracts rapidly.
Historically, similar patterns appeared before the formation of a major bottom.
The capital loss of short‑term holders,
tends to be a prelude to capitulation.