News list for "ribbons"
According to the CryptoQuant Hash Ribbons indicator, the Hash Ribbons indicator has just signaled the end of miners' capitulation, while the hash rate has reached a new peak of 638 exahashes per second (EH/s), marking the first rally since the Bitcoin halving. CryptoQuant explains: "While the indicator is not designed to pinpoint price bottoms, it usually signals a reduction in miner selling pressure before prices rise."
据CryptoQuant Hash Ribbons指标显示，Hash Ribbons指标刚刚发出了矿工投降结束的信号，与此同时哈希率达到了每秒638 exahash (EH/s) 的新峰值，这是自比特币减半以来的首次反弹。 CryptoQuant解释道：“尽管该指标并非旨在准确指出价格底部，但它通常会在价格上涨之前发出矿工抛售压力减少的信号。”
The Bitcoin hash ribbons indicator tracked by Glassnode (which compares two iterations of Bitcoin's hashrate) is recovering from a months-long "capitulation" period. This period occurred during the recent period of relatively low hashrate, with the hash band showing a 30-day moving average below the 60-day moving average. The last capitulation phase ended in August 2023, after which BTC/USD nearly doubled by the end of the year after briefly falling to $25,000. The data shows that last week the ...
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