HIVE looking at the daily technicals, we are testing two supports at the moment. This is a decisive point in the stock. I am confident that miners are still in play as most hold a decent bag of BTC but this also plays into the bigger picture of them selling some every month. This may be bouncing to higher higher and higher low here!
This is not financial support but my thought process.
MARACLSKRIOTHIVEWULF Ladies and Gerntlemen, When BTC goes up so miners barely move, when BTC falls a little they fall into an abyss. Miners seem to be not that profitable anymore after halving, since then liquidity ran away to crypto etfs and other crypto related assets. I hope not but probably, miners are officially dead.
CLSKHUTRIOTWULFHIVE Can anyone shortly explain why big money is shorting miners so heavily if bitcoin is nearing 100K? In this cycle miners are really lagging behind, most of them should have been at least on the half way to their previous cycle's ATHs! Anyone?