Bitcoin's entity-adjusted SOPR has remained above 1.0 for three consecutive weeks, its longest such streak in 2026. Glassnode said on September 19 that buying demand remains strong enough to absorb profit-taking and prevent an immediate decline in Bitcoin's price. The firm described a sustained SOPR reading above one as a hallmark of a bull market. SOPR measures whether Bitcoin moved on-chain was transacted at a profit or loss relative to its acquisition price; readings above one indicate average profit-taking, while a return below one could signal weakening demand.