HashWhale
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This week's market showed a pattern of high-level volatility followed by a double dip. The two sharp corrections on July 31st and August 1st, in particular, showed clear signs of pressure at high levels. Short-term risk sentiment rapidly intensified, and the market trend gradually shifted from a period of volatile strength to a period of adjustment. Despite the intensified price volatility, Bitcoin mining maintained stable profitability, demonstrating the industry's overall resilience.
HashWhale2025-08-01 07:39
This week, the Bitcoin market showed a wide range of fluctuations. In the early stage, it was in a narrow range, and in the later stage, the bull-bear game was fierce, and the market volatility was significantly intensified. The volatile pattern is expected to continue in the short term, and short-term trading still needs to be vigilant against the risk of sudden reversal. In the mining industry, the industry is profitable, miners have ample profits, stable cash flow, the computing power of the entire network continues to rise, and the mining difficulty is expected to increase, indicating that miners have increased confidence and industry competition has intensified.
HashWhale2025-07-25 08:49
This week, the trend of Bitcoin showed a structural rhythm of "sideways accumulation - strong breakthrough - high consolidation - slow upward movement". On July 14, the price reached $123,153, setting a record high. Although there was a correction afterwards, the overall market remained strong. From July 16 to 18, the market performance was "low point lifting, high point testing", and the bulls tried to build a new round of upward platform. Overall, the trend is clear and the capital push is strong. The short-term strong pattern is expected to continue, but it is necessary to pay attention to the risks of high-level fluctuations and short-term corrections.
HashWhale2025-07-18 08:46
This week, Bitcoin showed a structural trend of "sideways-oscillation-strong breakthrough", with a significant cumulative increase, and the market entered a strong trend stage. Since July 10, Bitcoin has risen to $111,907, close to $120,000, and has formed an effective technical breakthrough. On July 11, it continued to accelerate its rise, breaking through $114,000 and $116,000, showing a typical step-by-step upward structure, and bullish sentiment continued to heat up. Overall, the current upward trend is clear, trading is active, and capital drive is obvious. There is still room for upward movement in the short term, but we need to be vigilant against the intensification of high-level fluctuations and potential overbought risks.
HashWhale2025-07-11 10:11
This week, Bitcoin fluctuated widely. Affected by macro news, the overall market trend showed a three-stage trend of "sideways consolidation - retracement - strong rebound and high-level consolidation". From July 1 to 2, the market fluctuated downward due to the risk aversion of traders before the release of key US economic data. Investors are paying attention to the number of first-time unemployment claims to be announced on July 3, and look forward to more clear signals from the macro side. At the same time, the overall operation of Bitcoin mining was stable this week, and large mining companies showed significant competitive advantages in energy efficiency control and resource integration.
HashWhale2025-07-04 07:39
This week, Bitcoin as a whole showed a three-stage trend of "falling-rebounding-high consolidation". From June 21 to 23, affected by the escalation of the situation in the Middle East and geopolitical conflicts, Bitcoin once fell below several key support levels, causing market panic and more than $1 billion in crypto assets were liquidated. At the same time, the computing power of the entire network fluctuated for a short time, showing that the mining infrastructure is highly sensitive to the international situation. Since June 24, the market has rebounded rapidly, and the replenishment of funds has driven the recovery of Bitcoin. The overall trend has gradually stabilized from extreme panic. However, geopolitical risks and macro variables are still important uncertainties in the market. In terms of mining, mainstream listed mining companies in the United States performed strongly in May. Jefferies data shows that in May 2025, the overall mining profit of listed mining companies increased by nearly 20% month-on-month, and the industry structure further concentrated on the head.
HashWhale2025-06-27 12:08
This week, the price of Bitcoin showed a trend of "blocked rise and oscillating decline". At present, it is generally maintained in a narrow range of fluctuations. The short-term direction still needs to be further confirmed by trading volume and macro sentiment. The technical signals tend to be mildly bullish. At the same time, mining costs continue to rise. The average mining cost in the second quarter of 2025 increased by about 9.4% compared with the first quarter, reflecting that the expansion of computing power and the rise in energy prices have continued to put pressure on the profitability of miners.
HashWhale2025-06-20 08:22
This week, the Bitcoin market showed a typical trend structure of "blocked highs and rapid pullbacks". In the short term, we need to be vigilant about technical corrections and potential mid-term trend reversal signals. On June 13, affected by the fluctuations in the geopolitical situation and risk aversion, Bitcoin, as a high-volatility risk asset, was under pressure to move downward. At the same time, the low activity of on-chain transactions has compressed the space for miners' fee income. However, overall, the mining ecosystem is running smoothly, and miners' income remains at a relatively stable level.
HashWhale2025-06-13 08:18
This week, Bitcoin's trend rose first and then fell. It rose moderately in the early stage, fell under pressure in the later stage, and accelerated its decline in the late stage. On June 6, the price of Bitcoin fell sharply, reaching a low of $100,501, basically giving up all the gains in the week. The short-term technical situation weakened and the market entered a stage of adjustment. In terms of miners' income, affected by the decline in the price of the currency, the total income this week retreated slightly from last week, but it was still at a historically high level overall, and the mining income had a certain stability and sustainability.
HashWhale2025-06-06 07:26
This week, Bitcoin maintained a wide range of fluctuations. The market was in a high-level consolidation and chip reconstruction stage. Investor sentiment gradually returned to rationality. The technical support structure was clear, showing good market resilience. Overall, Bitcoin is in a healthy technical consolidation period. In the short term, it may continue to fluctuate and accumulate momentum for subsequent trends. At the same time, Hashprice performed steadily, better than the mid-May level overall, and mining operations continued to be stable.
HashWhale2025-05-30 08:23
This week, Bitcoin as a whole showed the trend characteristics of "rushing high-falling back-oscillating and repairing". Although the price structure has experienced repeated long and short swings, the medium and short-term moving averages are arranged in a bullish pattern, and the weekly MACD indicator simultaneously releases a bullish signal, further strengthening the current upward trend momentum. Under the premise that there is no major negative disturbance on the macro level, the market is expected to continue the bullish pattern and gradually challenge the historical high. At the same time, despite the intensified price fluctuations, Bitcoin mining income remains stable, the computing power of the entire network continues to recover, and the mining ecosystem remains in a good state.
HashWhale2025-05-16 09:24
This week, the overall Bitcoin market showed a trend of "first decline and then rise", with prices continuously breaking through multiple key technical resistance levels, strongly breaking through the integer mark of $100,000, and setting a new high. As prices rise, Bitcoin hash price has steadily recovered and has approached the high range of the past month, rising for several consecutive days, showing that the market demand for computing power resources remains strong. At present, most miners remain in the profit range, and the overall operation of the mining industry is in good shape.
HashWhale2025-05-09 07:25
This week, the overall trend of Bitcoin showed a wide range of upward fluctuations, achieving an effective breakthrough, reaching a maximum of US$97,436, a new interim high. Market volatility has increased, and capital sentiment has warmed up. The technical exemption has formed a "golden cross" pattern, indicating that the market still has upward potential. At the same time, the total revenue of Bitcoin miners in April 2025 is about US$1.15 billion. As prices continue to rise, the profitability of miners is expected to further increase.
HashWhale2025-05-02 06:06
This week, Bitcoin broke through $90,000, $92,000 and $94,000, breaking away from the downward trend of several months and starting a new round of rising cycle. The market is concerned about the tense relationship between Trump and the Federal Reserve and the uncertain direction of the US dollar policy, which has driven funds into Bitcoin. At the same time, the easing of Sino-US trade relations has also boosted market sentiment. The expectation of price increases is expected to improve the costs and profitability of miners.
HashWhale2025-04-25 04:58
This week, the price of Bitcoin rebounded strongly from the previous low and remained above $82,000. Despite multiple attempts to reach the upper level, it has not been able to achieve an effective breakthrough. The bulls are trying to gently push up the market, and the overall trend is still highly subject to the influence of the macroeconomic environment. At the same time, on April 13, the total computing power of the Bitcoin network once exceeded 1000 EH/s, setting a record high. Although the network security has been improved, the current market price still puts the mining industry under great revenue pressure.
HashWhale2025-04-18 07:18
This week, driven by macro factors, the Bitcoin market fluctuated significantly, and the overall sentiment was strongly affected by external variables. In terms of mining, the current mining income is generally lower than the break-even point, and most miners are facing profit compression or even losses. Bitcoin completed a new round of difficulty adjustment at block height 891,072, with the difficulty increased by 6.81% to 121.51 T, setting a record high, further exacerbating the operating pressure of miners.
HashWhale2025-04-11 09:55
This week, the Bitcoin market was affected by Trump's latest tariff policy, and the market rose first and then fell. Analysts predict that if it enters a second rebound, the base price of Bitcoin may rise to around $110,000. In the current market environment, miners' profit margins are facing significant squeeze. In addition, the mining difficulty of the Bitcoin network is expected to usher in a new round of increases in about 1 day.
HashWhale2025-04-04 07:06
This week, the price of Bitcoin rebounded to over $86,800, and the market activity increased significantly. However, the threat of tariffs has dragged down the US stock market and the Bitcoin market, bringing new uncertainties. In March, due to the dual impact of the increase in mining difficulty and the volatility of Bitcoin prices, the overall income of Bitcoin miners declined. Currently, the profitability of Bitcoin mining is at a critical juncture.
HashWhale2025-03-28 08:10
This week, as panic gradually subsided, market confidence has recovered and investors' willingness to buy at the bottom has increased significantly. Former President Trump promised to make the United States a Bitcoin superpower, which made the market full of expectations for the future. However, despite the recovery in market sentiment, the economics of mining still face challenges, with rising costs and compressed profit margins for miners. The market is waiting for a key trigger point that may determine the next direction of the Bitcoin market.
HashWhale2025-03-21 09:07
This week, the legislative discussion on Bitcoin reserves entered a fierce stage, with various political forces participating in it, showing different positions and views. At the same time, the difficulty of Bitcoin mining is close to a historical high, reflecting that the operating environment of miners is becoming more severe. As for the price of Bitcoin, the overall trend is still unclear, and the market remains in a range-bound state. In the short term, it is necessary to further observe the direction of the breakthrough.
HashWhale2025-03-14 11:20
This week, market news such as Trump's statement on cryptocurrency and the signing of an executive order to establish a strategic Bitcoin reserve have had an impact on Bitcoin price fluctuations, and the market has shown a high sensitivity to macro news. At the same time, the decline in Bitcoin prices and the increase in mining costs have put pressure on miners' income, intensified competition in computing power, and faced new challenges to the mining ecosystem.
HashWhale2025-03-10 06:02
This article analyzes in detail the price trend, technical analysis, capital flow and hash rate changes of the Bitcoin market from February 24 to March 2, 2025, and explores the impact of factors such as global macroeconomic policies and miners' income on the market. In addition, it also discusses the shock adjustment of Bitcoin prices and changes in market sentiment, providing deep insights into future trends.
HashWhale2025-03-03 07:25
In the third week of February 2025, the Bitcoin market experienced a violent shock, with the price fluctuation range spanning from $93,487 to $99,454, with an amplitude of more than $6,000. On the mining side, the computing power share of US mining companies surged to 29%, but under the dual pressure of Bitcoin price fluctuations and rising mining costs (the mining cost of a single BTC reached $96,414), the mining industry accelerated its transformation to AI/HPC business. At the same time, institutional holdings continued to expand, and Q4 spot ETF holdings surged 212% month-on-month to $38.7 billion. However, the Bybit exchange suffered a $1.5 billion hacker attack, exposing the market's security vulnerabilities, causing Bitcoin to fall below $95,000 in the short term, and the market entered a critical long-short game period.
HashWhale2025-02-24 03:18
According to YCharts data, the total daily revenue of miners fell to $43.52 million on February 10, down 10.48% from the previous day and down 7.3% year-on-year. Due to the increase in mining difficulty and rising energy costs, miners' profit margins have been compressed. In addition, the average transaction confirmation time of the Bitcoin network has reached 19 minutes, a record high, mainly affected by network congestion, block size restrictions and fluctuations in handling fees.
HashWhale2025-02-17 03:39
The Puell Multiple has remained above 1 since January 13, indicating that miner revenues remain relatively healthy. To avoid further miner capitulation, the Bitcoin price needs to recover and stabilize above $100,000 to ensure sustainable profitability for miners. On February 9, 2025, the Bitcoin network hashrate hit a new record, breaking through 810 EH/s to reach 818 EH/s. The Bitcoin network has completed a new round of difficulty adjustments, with the Bitcoin mining difficulty raised to 114.17T.
HashWhale2025-02-10 02:28
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