According to Odaily Planet Daily, Glassnode chief analyst James Check said that Bitcoin miners may be struggling at the moment, but they may not have fully entered the bear market level. They dig out 10 bitcoins and then sell 10 bitcoins. Miners must adapt and adjust fees to become their main source of income, forcing the industry to further innovate and apply effective capital management. The current Bitcoin hash belt seems to be in a reversal period, and the generation time of blocks is about 14 seconds slower than normal, indicating that the online hash rate is low and the generation speed of blocks is slightly slower. About 5% of the mining hash rate is currently in trouble, which means that Bitcoin miners are "very likely" to sell some of their assets, but this does not seem to be a "complete sell-off."