Ethereum$ETH is down today for a very simple reason, but almost nobody is explaining it properly 📢
It’s coming straight from global regulations, and the timing matters 🤔
That’s right, government rules are impacting Ethereum mining, AGAIN.
Here’s what’s happening 📢📢
Some major regions have recently tightened crypto regulations 📢
In certain areas, a large number of Ethereum$ETH mining operations were paused in December 📢
Roughly tens of thousands of miners went offline in a very short time 🤔
You can already see it in the data:
Network hashrate is down significantly.
When miners are forced offline like this, a few things happen fast:
– They lose revenue immediately
– They need cash to cover costs or relocate
– Some are forced to sell ETH$ETH into the market
– Uncertainty spikes short term
That creates real sell pressure, not the other way around.
This isn’t a long-term bearish signal for Ethereum.
It’s a temporary supply shock caused by external rules, not demand.
We’ve seen this pattern before.
Regulations tighten → miners shut off → hashrate dips → price wobbles → network adjusts → Ethereum moves on.
We should expect some short-term pain, but long term this doesn’t even matter 🔥📢
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