$ETC The market pullback has been underway, but ETC actually bucked the trend and edged up.
The wildest part is that mining returns plunged 20%, yet the network hashrate bucked the trend and surged to 187 TH/s.
Seasoned miners would rather keep paying the electricity bills out of pocket and tough it out than sell their coins at low prices. These tough miners are firmly holding up the cost floor, and selling pressure has basically dried up.
The 7.670 level has been tested repeatedly. The bulls show no sign of backing down for now, and a strong push could come at any moment.
#FOMC会议 #ETC $ETC #IDOL $IDOL 👇
The wildest part is that mining returns plunged 20%, yet the network hashrate bucked the trend and surged to 187 TH/s.
Seasoned miners would rather keep paying the electricity bills out of pocket and tough it out than sell their coins at low prices. These tough miners are firmly holding up the cost floor, and selling pressure has basically dried up.
The 7.670 level has been tested repeatedly. The bulls show no sign of backing down for now, and a strong push could come at any moment.
#FOMC会议 #ETC $ETC #IDOL $IDOL 👇