Hash rate drops by 4%! Is Bitcoin about to rebound? Don't miss this signal!
Just saw some fresh and hot news: VanEck analyst revealed that Bitcoin's total network hash rate has dropped by 4% in the last month! Don't panic, this is actually a great thing—miners surrendering is often a precursor to a bull market!
Historical data confirms: when the hash rate drops, the probability of an increase afterwards surges. For example, if the hash rate drops in the past 30 days, the chance of an increase in the next 90 days is 65%, which is significantly higher than when the hash rate rises. The long-term trend is even more obvious; with a negative hash rate growth over 90 days, the probability of an increase within 180 days jumps to 77%, with an average increase of 72%! This rhythm is like a spring compressed to the bottom, preparing to bounce higher.
I personally feel that this signal is worth paying close attention to for us players. The market has been down for a long time, and miners can't hold on and retreat, which may actually clear the selling pressure and give space for an upward movement. But remember, don't dive in with all your assets at once! You can gradually build positions at lower prices, hold onto the spot, and patiently wait for the wind to come. The market has risks, don't gamble your life savings; stability is key to winning!
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