Analyst: Too early to call BTC bull market entry

It is too early to determine if BTC has entered a full-blown bull market, according to crypto analyst Cryptometugce. The analyst noted that while BTC is showing early signs of an uptrend and market confidence is recovering—with the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) remaining above one—a key variable remains. Specifically, BTC has not yet broken through the short-term holder's realized price, which is considered a critical resistance level. A stable move above this price would be a clearer signal of a bull market entry, Cryptometugce explained.