Bitcoin’s short-term holder SOPR has returned to the 1.00 mark, indicating the market is at a breakeven point. This suggests that recent BTC sales are happening near cost basis, which often slows momentum. Analyst Axel Adler notes that a breakout above 1.002 is required to reignite upside pressure and sustain a bullish trend. The SOPR Binary Flag and 7-day SMA remain flat, reinforcing the current market indecision.