#区块链快讯# Bitcoin hashrate drops, price bottoms out? CryptoQuant data shows that Bitcoin network hashrate has dropped to its lowest level since December 2022, when the FTX crash triggered a bear market. The current Bitcoin hashrate is down -7.6%, which could indicate that Bitcoin prices have bottomed out. Other indicators such as exchange reserves, miner position index (MPI), and miner reserves also show low selling pressure, supporting the view that the market is at the bottom. Capriole founder Charles Edwards believes that this is a buy signal from the Bitcoin hashrate band indicator. Market analyst Will Woo believes that the market will not reach new highs until weak miners are forced to shut down operations. Recently, Bitcoin miners' withdrawals fell by 90% after the halving, further indicating that selling pressure has eased and Bitcoin prices are expected to continue to rise. What do you think? Welcome to share your views in the comments section!