💥💥💥Holiland!!

Miners collectively "surrendered", and the opportunity for Bitcoin prices to bottom out and rebound has come!

Bitcoin miners seem to be "raising their hands in surrender" and selling a large number of Bitcoins in their hands. This situation is similar to the worst time in the market after the FTX crash at the end of 2022. It seems that the price of Bitcoin may have fallen to the bottom. The "surrender" behavior of miners is actually because they have to reduce the scale of mining and even sell some Bitcoins on hand in order to make a living, make money or avoid the risks of Bitcoin.

Market experts have found several "surrender" signals in the past month, and the price of Bitcoin has also dropped from US$68,791 to US$53,550. The most obvious signal is that Bitcoin's hash rate - this hash rate is like the "bodyguard force" of the Bitcoin network - suddenly plummeted.

Specifically, the hash rate fell by 7.7%, from the historical high on April 27 to the lowest point in nearly four months, 576 EH/s. This shows that some miners can no longer hold on and have begun to scale down. This is because their wallets are under great pressure after the mining income has been halved.

To be honest, the real hash rate of the Bitcoin network is also declining, which is really worrying.

However, if weak miners leave, strong miners will be able to share more benefits. They may be able to mine more stably and don't have to rush to sell Bitcoin.

These phenomena are telling us that the Bitcoin market may be about to fall to the bottom. Just like before, before the market improves, there is always a difficult time when miners sell and operations are reduced.

At present, the bull market is surging, and we have the opportunity to share passwords every day.

Again, if you don't know what to do in the bull market, click on my avatar, follow me, bull market spot planning, contract passwords, free sharing.

I need fans, you need references. It's better to follow than to guess.

#BTC走勢分析 #币安合约锦标赛 #德国政府转移比特币 #VanEck提交首个SolanaETF #美国6月非农数据高于预期