CryptoQuant analyst identifies signal marking the end of Bitcoin bear market

CryptoQuant contributor Darkfost noted that short-term holders (STH) of Bitcoin have maintained profitable positions for nearly a month, a trend historically associated with the end of bear markets. While STH assets in profit reached $168 billion, the analyst emphasized that Bitcoin needs to stabilize above $80,000 to confirm the recovery. Additionally, analyst CW8900 observed that the Spent Output Profit Ratio (SOPR) for long-term holders has risen above 1, suggesting a shift toward a neutral state and the beginning of an uptrend.