Leonarda Bouras kpXn

Bitcoin Hash Rate
#BitcoinHashRateSurge Bitcoin’s hash rate hit a record high earlier this year due to several key factors:
1. Increased Mining Infrastructure Investment
- Miners have been investing heavily in more efficient mining hardware, such as the latest generation of ASICs. These devices offer higher performance with lower energy consumption.
- Large miners in the United States, China, and other countries are expanding their operations to take advantage of the increasing adoption and price of Bitcoin.
2. Post-Halving Effect (April 2024)
- Although the block reward halved after the halving, many miners increased efficiency to stay competitive.
- Mining became more centralized in entities with access to cheap electricity and advanced hardware, increasing the total hash rate.
3. Declining Energy Costs
- Declining global energy prices in several key regions, such as North America and Europe, helped miners scale up their operations.
- Utilization of renewable energy and energy surpluses in certain regions also provided additional benefits.
4. Adoption of New Technologies and Infrastructure
- Cooling technologies such as immersion cooling allow hardware to run more efficiently and for longer.
- The development of dedicated data centers for Bitcoin mining in countries with crypto-friendly regulations is driving an increase in hash rate.
5. Trust in the Bitcoin Ecosystem
- Many miners remain optimistic about Bitcoin’s future despite market volatility. The increase in hash rate reflects confidence in the continued growth of the Bitcoin ecosystem.
6. Miner Dominance in Specific Regions
- The dominance of the United States in mining activity is accelerating the increase in hash rate. Some of the largest mining pools such as Foundry USA continue to increase their contributions to the network.
This increase reflects the resilience and appeal of Bitcoin as a growing decentralized network.#BitcoinHashRateSurge

$RPL remains strong at the $8 support level, targeting a rise to $17.40. Increasing volumes add to the momentum, supported by the bullish Bitcoin backdrop. Traders should continue to monitor $BTC dominance closely, as it will provide key insights into $RPL’s alignment with broader market conditions, helping identify the best moment to enter and capitalize on the upside move.

$RPL remains strong at the $8 support level, targeting a rise to $17.40. Increasing volumes add to the momentum, supported by the bullish Bitcoin backdrop. Traders should continue to monitor the $BTC dominance closely, as it will provide key insights into $RPL’s alignment with broader market conditions, helping identify the best moment to enter and capitalize on the upside move.$BTC

$SOL /usdt
SOLUSDT
Perp
213.26
-1.17%
Trading Signals:
Entry: $214.00 (Near support zone for bounce)
Stop-Loss: $210.00 (Below critical support level)
Targets:
1. 🎯 Target 1: $216.50 (Short-term resistance)
2. 🎯 Target 2: $220.00 (Key breakout level)
3. 🎯 Target 3: $225.00 (Medium-term bullish target if momentum continues)
Trading Momentum:
Short-term: Bearish to neutral (Looking for confirmation of bounce at $214.00).
Medium-term: Neutral to bullish (If price breaks above $216.50 with volume). Long-term: Bullish (Maintaining strong fundamentals as a leading Layer 1 blockchain).
Strategy:
1. Watch price action near $213.50-$214.00.
2. Look for bullish confirmation signals such as RSI divergence or MACD crossover.
3. Scale profit at each target level or adjust stop-loss to breakeven after target #CryptoReboundStrategy

#CryptoReboundStrategy I'm new here

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