⛏️ #BTC CQ: A more indicative metric for miners condition, the Miner Financial Health Index, takes into account miner profitability (hashprice), block profit, fee share, and overall cash flow. Today the index = 59% this is a healthy, neutral-to-bullish miner economy without signs of selling pressure and without euphoria. Acceleration above 80% will signal a distribution phase and increased selling. #crypto

BTC-6.66%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)