According to glassnode, Bitcoin's Adjusted Spent Output Profit Ratio (aSOPR) currently stands at 1.01, just above the breakeven point. Historically, similar resets in mid-2020 and late 2023 preceded market rallies. The current level indicates a potential for buyer absorption if it maintains, whereas a decline below could suggest increased sell-side pressure. Traders should watch this as a key moment for trend confirmation.