Just looking at the $BTC hashrate charts and spotted something. It's been on a noticeable downtrend since December 2025, which is definitely something to track. The 7-day moving average is down about 6.6%, and the 30-day MA has slipped around 3%.

Woominkyu, that analyst, put it into perspective for us. This drop is way less severe than what we experienced during the China mining ban in 2021 or the bear markets of 2018 and 2022. So, no need to hit the panic button just yet.

Still, the trend itself is key. Historically, when hashrate starts to dip like this, it often points towards miner capitulation. And in past cycles, that kind of miner stress has actually often preceded market bottoms. It's a signal worth noting for the broader crypto market, including $ETH and $SOL.

#Bitcoin #Hashrate #CryptoInsights #MarketAnalysis #MinerActivity