Are miners capitulating? Hash Ribbons suggests they are.

Hash Ribbons indicate that such circumstances often coincide with significant BTC price lows, ultimately providing a favorable opportunity to capitalize on price drops.

Typically, this does not occur immediately after the first capitulation signal from Hash Ribbons, as the miners' capitulation process takes time; rather, it unfolds over the following days and weeks after miners finish selling.#PEPEATH #GME #altcoins