Recently, the situation with miners has become serious, and they are reducing mining operations because profitability is not matching. It's interesting to see these movements actually reflected in the charts.

Looking at the Hash Ribbon indicator, these signals are quite clearly appearing. As miners collectively stop unprofitable mining, network activity decreases, but paradoxically, this can be a sign of a price rebound. It seems that Hash Ribbon is capturing these changes well.

The Bitcoin price is actually showing signs of a rebound, aligning with the deteriorating profitability of miners and market fundamentals. It's truly fascinating how indicators like Hash Ribbon can so accurately reflect market trends.