Bitcoin's market indicators are resetting as investors face 4% weekly losses. Onchain analytics from CryptoQuant indicates an opportunity to buy the dip, as Bitcoin moves at a loss. There is evidence of capitulation among speculative investors, reflected in a declining spent output profit ratio (SOPR), which shows short-term holders are selling at a loss. As BTC's price declines, media sentiment turns bearish, with the SOPR for short-term holders currently at 0.987. Historically, such capitulation often aligns with price bottoms, making it an opportune time for accumulation. Notably, when short-term holders incur losses, the market tends to trend upward. Alongside this, large-volume investors have resumed buying, indicating that the current environment could be favorable for smart investors to acquire BTC sold off by panicking short-term traders. Selling in the current market may prove unwise according to insights shared by CryptoQuant contributors.

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