According to ChainCatcher, CryptoQuant CEO Ki Young Ju revealed on Twitter that the capitulation of Bitcoin miners is still continuing. Historically, the capitulation period ends when the daily average mining value reaches 40% of the annual average, and the current ratio is 72%. It is expected that the crypto market will be relatively flat in the next 2-3 months, and it is recommended to be bullish in the long term but avoid excessive risks.