intra-blockchain analyst Willy WooBitcoin after the selling wave on Friday night 
$111,489.43He gave the message that it remained stronger than expected. X In the message he shared on his account, he emphasized that the structure formed by increasing inflows maintained the price, investors did not turn to profit taking and the SOPR indicator has not turned down yet. While he talked about a 24-48 hour period for bottom confirmation in the short-term outlook, he gave the message that he maintained his caution and optimism with the metaphor of “the crack that occurs before the structure is destroyed” in the broader picture. He also reminded that it usually takes weeks for stock markets to recover after sharp declines.
“SOPR Has Not Made a Downward Breakdown Yet”
According to Woo’s review cryptocurrencyThe trigger for the sales pressure in 2017 was the announcement that a 100 percent customs duty would be imposed on China as of November 1, and the deepening risk aversion atmosphere with the expectation that this would increase trade tensions. Despite this, an increase in inflows into the Blockchain was observed on the Bitcoin side. The analyst stated that this creates a protective flow that holds the price during correction moments. SOPRThe fact that has not broken down yet indicates that the mass exit reflex has not been activated in the snow addresses.
He also stated that the activity on the demand side continued in the 1.5-day observation window. The behavior pattern on the spot and derivatives side presents a picture that creates room for gradual recovery rather than panicked, large-scale liquidations. The description of the market structure as “bull but there are cracks” includes the possibility of the trend continuing and the risk of fragility in the same context.
Bottom Line Confirmation May Come Within 24-48 Hours
Woo pointed out the 24–48 hour time frame for bottom confirmation from a tactical perspective. If the signals remain balanced, regrouping and reaction attempts are on the table after a short-term consolidation. He underlined that in the opposite scenario, it is possible to enter a long-term suppression phase as the flow of funds weakens.
stocksThe fact that heavy sales in the world have historically resulted in recoveries lasting weeks is also a sign of cautious optimism in the cryptocurrency market. The analyst also reminded that it is necessary to closely monitor whether fund flows deteriorate and that if SOPR changes direction, profit sales may create a chain reaction. Any new development in the trade tension topic may be reflected in the pricing of cryptocurrencies in a short time through risk appetite and correlation channels.
