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#美联储回购协议计划 VanEck's recent analysis report is quite interesting—As of December 15, the Bitcoin network's computing power has declined by about 4%. In the community, this phenomenon is often referred to as "miner capitulation," and many people use it as a reverse indicator to assess market bottoming.
In other words, when miners begin to shut down their mining machines on a large scale, some may say this is a signal that the price is approaching a stage bottom. Sounds good, but what is the real situation like...
In such a context, the movements of various assets within the Ethereum ecosystem are also worth paying attention to. $ETH , being in the second position, can influence the entire DeFi landscape with every move. Emerging tokens like $NIGHT and $pippin have also shown their performance during this round of adjustments.
Just wait and see, the data won't lie, but the market always moves faster than analysis. 😂