#比特币市场表现 Recently, I came across an interesting data point: Bitcoin's total network hash rate has decreased by 4% over the past month, and miners seem to be "surrendering." This sounds like bad news, but historical data tells a completely different story!

According to VanEck's analysis, when hash rate continues to decline, it often signals the approaching market bottom. Data shows that in the past ten years, there is a 65% chance that Bitcoin's price will rise within 90 days after a hash rate decline, and if looking at a longer 180-day cycle, the probability of an increase jumps to 77%, with an average gain of about 72%. The power of this inverse indicator is truly remarkable.

Miner surrendering is actually a very interesting phenomenon—when mining becomes less profitable, some miners choose to exit, which in turn clears out speculators and weak hands from the market. What remains are the participants who genuinely believe in Bitcoin's value. In a sense, this is a process of market self-purification and a sign that the ecosystem is becoming healthier.

At this stage, it is the time for those who truly understand the long-term value of decentralized currencies to hold their faith. Bitcoin's story has never changed—it remains the ultimate tool to combat inflation and protect wealth autonomy. Every hash rate adjustment and miner fluctuation is just a small episode in this long-term revolution.

Looking forward to the future.