From TradersList Editors
From TradersList Editors
Leverage this free TradingView indicator to identify market tops and bottoms using SOPR Moving Averages on a weekly timeframe.
Leverage this free TradingView indicator to identify market tops and bottoms using SOPR Moving Averages on a weekly timeframe.
BTC Leading SOPR Indicator for TradingView: On-Chain Metric for Market Top and Bottom Detection
BTC Leading SOPR Indicator for TradingView: On-Chain Metric for Market Top and Bottom Detection

by cryptoonchain on TradingView

by cryptoonchain on TradingView
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BTC Leading SOPR: Onchain
BTC Leading SOPR: Onchain
BTC Leading SOPR: Onchain is a free TradingView indicator that calculates the SOPR Moving Average on a weekly timeframe to estimate realized profit or loss from on-chain data.
BTC Leading SOPR: Onchain is a free TradingView indicator that calculates the SOPR Moving Average on a weekly timeframe to estimate realized profit or loss from on-chain data.

Get on TradingView
This indicator is available on TradingView web charting platform. Signing up for a free account is required, no downloads.

Get on TradingView
This indicator is available on TradingView web charting platform. Signing up for a free account is required, no downloads.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
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Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
💸
Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
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Popular Topic
Concepts and theories mentioned in listing are popular topics in web search
🌐
Popular Topic
Concepts and theories mentioned in listing are popular topics in web search
Published by cryptoonchain on TradingView
Published by cryptoonchain on TradingView
Understanding the Spent Output Profit Ratio
SOPR measures whether Bitcoin holders are selling their coins at a profit or loss. It compares the price at which coins were last moved on-chain to the price when they are currently spent. A SOPR above 1 means sellers are in aggregate profit; below 1 means they are selling at a loss on average.
Weekly Moving Average for Macro Signals
This indicator smooths the raw SOPR using a weekly moving average, filtering out daily noise to reveal the broader sentiment trend. The smoothed version is more useful for identifying macro turning points - such as when holders shift from loss-taking capitulation back to profit-taking, signaling a potential market bottom.
Understanding the Spent Output Profit Ratio
SOPR measures whether Bitcoin holders are selling their coins at a profit or loss. It compares the price at which coins were last moved on-chain to the price when they are currently spent. A SOPR above 1 means sellers are in aggregate profit; below 1 means they are selling at a loss on average.
Weekly Moving Average for Macro Signals
This indicator smooths the raw SOPR using a weekly moving average, filtering out daily noise to reveal the broader sentiment trend. The smoothed version is more useful for identifying macro turning points - such as when holders shift from loss-taking capitulation back to profit-taking, signaling a potential market bottom.
How SOPR Signals Market Reversals
In bull markets, SOPR dipping to 1 and bouncing signals a "buy the dip" opportunity - holders refuse to sell at a loss, creating a support floor. In bear markets, SOPR rising to 1 and getting rejected signals resistance - holders rush to exit at breakeven, creating a ceiling. These patterns repeat across Bitcoin cycles.
Combining SOPR With Other On-Chain Metrics
For higher conviction, traders pair SOPR readings with metrics like MVRV ratio, exchange flow data and active address trends. When multiple on-chain indicators align - for example, SOPR bouncing off 1 while exchange outflows increase - the probability of a sustained move increases significantly compared to using any single metric.
How SOPR Signals Market Reversals
In bull markets, SOPR dipping to 1 and bouncing signals a "buy the dip" opportunity - holders refuse to sell at a loss, creating a support floor. In bear markets, SOPR rising to 1 and getting rejected signals resistance - holders rush to exit at breakeven, creating a ceiling. These patterns repeat across Bitcoin cycles.
Combining SOPR With Other On-Chain Metrics
For higher conviction, traders pair SOPR readings with metrics like MVRV ratio, exchange flow data and active address trends. When multiple on-chain indicators align - for example, SOPR bouncing off 1 while exchange outflows increase - the probability of a sustained move increases significantly compared to using any single metric.
On-chain based analysis of realized profit and loss
On-chain based analysis of realized profit and loss
The SOPR Moving Average calculates whether Bitcoin holders are selling at aggregate profit or loss using on-chain data. This weekly smoothed version filters daily noise to reveal macro sentiment shifts, helping traders identify potential capitulation bottoms and profit-taking tops across market cycles.
The SOPR Moving Average calculates whether Bitcoin holders are selling at aggregate profit or loss using on-chain data. This weekly smoothed version filters daily noise to reveal macro sentiment shifts, helping traders identify potential capitulation bottoms and profit-taking tops across market cycles.
Derive data-driven market signals
SOPR readings above 1 mean sellers are in profit while readings below 1 indicate loss-taking. The moving average smooths these readings into actionable macro signals.
Spot potential trend exhaustion points
When SOPR dips to 1 in bull markets and bounces, holders are refusing to sell at a loss. When SOPR rises to 1 in bear markets and gets rejected, breakeven sellers create resistance.
Monitor Bitcoin market cycles
SOPR patterns repeat across Bitcoin cycles. Recognizing these patterns helps traders position for major reversals at historically significant sentiment extremes.
Common Questions About Bitcoin SOPR On-Chain Analysis
Common Questions About Bitcoin SOPR On-Chain Analysis
Spent Output Profit Ratio measures whether Bitcoin holders are selling at profit or loss, providing insight into market sentiment and potential turning points. These questions address SOPR interpretation for trading.
Spent Output Profit Ratio measures whether Bitcoin holders are selling at profit or loss, providing insight into market sentiment and potential turning points. These questions address SOPR interpretation for trading.
What does SOPR above or below 1 indicate?
SOPR above 1 means coins are moving at a profit on average. Below 1 means holders are realizing losses. Sustained readings below 1 often indicate capitulation while readings well above 1 suggest profit-taking. The 1 level acts as psychological support in bull markets.
How do I use SOPR for timing Bitcoin entries?
SOPR touching or dipping below 1 in uptrends often marks local bottoms as selling exhausts. In downtrends, SOPR unable to sustain above 1 confirms weakness. Look for SOPR divergences from price for early reversal signals. Combine with price structure for timing.
Why does SOPR sometimes give false signals?
SOPR measures aggregate behavior and may not capture nuanced positioning. Large whale movements can distort readings. In ranging markets, SOPR oscillates without clear signals. Use SOPR as context rather than standalone trigger and confirm with price action.
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Web sentiment
Web sentiment
Traders view BTC Leading SOPR: Onchain as a reliable and powerful tool, valuing its utility in enhancing trading decisions with positive sentiment across the board.
Traders view BTC Leading SOPR: Onchain as a reliable and powerful tool, valuing its utility in enhancing trading decisions with positive sentiment across the board.
Source: Online Discussion
Source: Online Discussion
Source: Online Discussion
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TradersList Reviews (3)
TradersList Reviews (3)
TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.
TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.
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Source: TradersList Reviews
Source: TradersList Reviews

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🌐
✅
Tops & Bottoms - Time of Day Report is an Indicator that tracks and reports daily market tops and bottoms by time of day, analyzing their timing and frequency for statistical edge based on simple time periods.

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by iravan

Free
TradingView Indicator
Equity Bond Currency Dashboard
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🌐
✅
Equity Bond Currency Dashboard is a TradingView Indicator that visualizes demand-flow between equities, bonds and currencies across six countries, allowing track of institutional money flows and visuals for interconnected market dynamics.

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by KioseffTrading

Free
TradingView Indicator
Fundamentals Graphing [Kioseff Trading]
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✅
🏅
Fundamentals Graphing [Kioseff Trading] is a TradingView indicator that displays essential fundamental metrics for up to 40 stocks. It allows users to compare various key financial metrics like earnings and revenue for easy benchmarking.

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by Zeiierman

Free
TradingView Indicator
Day/Week/Month Metrics (Zeiierman)
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🌐
✅
Day/Week/Month Metrics (Zeiierman) is a TradingView indicator that computes daily, weekly and monthly performance. This indicator displays edge metrics, depicting how often an asset is likely to be bullish or bearish in a given time period.

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by KioseffTrading

Free
TradingView Indicator
Monte Carlo Simulation - Your Strategy [Kioseff Trading]
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🌐
✅
🏅
Monte Carlo Simulation - Your Strategy by Kioseff Trading is a free TradingView indicator that leverages Monte Carlo simulations to analyze the variability and potential outcomes of your inputted trading strategies or the assets displayed on your chart. Calculate your luck factor using this indicator.

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by KioseffTrading

Free
TradingView Indicator
The Next Pivot [Kioseff Trading]
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🌐
🏅
The Next Pivot [Kioseff Trading] is a TradingView indicator that employs similarity measures to compare historical price sequences with current data, formulating potential paths for future price action.

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by KioseffTrading

Free
TradingView Indicator
(Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff]
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🏅
The (Quartile Vol.; Vol. Aggregation; Range US Bars; Gaps) [Kioseff] Indicator is a TradingView tool that analyzes price action and volume by breaking volume into aggregated quartiles for noise filtered price and volume analysis.
![TradingView chart interface displaying the Seasonality [TFO] statistics indicator panel showing average asset performance across daily, monthly and quarterly timeframes based on a 252-day trading calendar.](https://framerusercontent.com/images/nvPXFfuC5h7lkcLmxaOhlHbStb8.png?width=4098&height=2304)
🤖
by tradeforopp

Free
TradingView Indicator
Seasonality [TFO]
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🌐
✅
🏅
Seasonality [TFO] is a TradingView indicator that analyzes an asset's average performance across daily, monthly, and quarterly timeframes. It uses a 252-trading day calendar, aggregating daily data into 21-day months and 63-day quarters for gauging seasonal trends.

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by KioseffTrading

Free
TradingView Indicator
Crypto Terminal [Kioseff Trading]
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🌐
🏅
Crypto Terminal [Kioseff Trading] is a TradingView indicator that uses on-chain data to provide real-time cryptocurrency statistics directly on your Tradingview charts.
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Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
Read full disclaimer
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Discover trading edge
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Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
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