[Gainers]
Even though Bitcoin is down 3.3% today, the overall network hash rate has been increasing over the past month. BTC is currently priced at $63,948.02, with a 24h change of ↓2.95%, and a trading volume of 18,620 BTC.
An interesting signal: when BTC's price drops, miners usually cut back on their mining rigs to reduce operational costs. However, over the past month, the overall hash rate has continued to rise, suggesting that miners might be confident about Bitcoin's future price, or they are maintaining stable operations in other ways.
From the perspective of trading volume and sector background:
- Today's BTC drop is at ↓3.0%, while ETH also dropped by ↓3.5%.
- Despite the sluggish performance of major coins, projects like HOME, XPL, and BANANAS31 have shown unusually active performance. This indicates that there are local hotspots and opportunities in the market.
From the sector rotation angle:
- Some non-top coins have seen price increases significantly outpacing major coins, such as XPL soaring 9.9%, moving up to rank
#135 in market cap.
- At the same time, these coins with substantial gains also show strong growth momentum in trading volume, indicating real capital inflow.
△ What the data says
While BTC is dropping, the hash rate is not only holding steady but increasing, which indicates that miners might be confident about future prices or believe costs are manageable. In this situation, a short-term pullback could be a release of market sentiment, while in the long run, it may signal a bullish trend.
Are you leaning towards a short-term pullback or a long-term rally?
I will continue to track this series, so stay tuned for updates.
#涨幅榜 #加密行情 #今日涨幅 $BTC $ETH