[CryptoQuant Analyst: Low Bitcoin Hash Price May Indicate BTC Price is Nearing Bottom] Golden Finance reported that CryptoQuant analyst Woominkyu's latest analysis report pointed out that there is a close correlation between Bitcoin Hash Price and Bitcoin price, and the current low hash price may indicate that Bitcoin price is near bottom. Woominkyu explained that hash price reflects the profitability of miners. He showed through a chart that historically when hash price dropped to a lower level (the area marked by the blue box in the figure), it often corresponded to a period when Bitcoin price was at or near its lowest point. This historical pattern shows that the trough of hash price often coincides with the moment when Bitcoin price hit bottom.