#以太坊行情技术解读 🚨Massive Miner Clearance Wave: Market Signals from the Supply Side

Recently, breaking news emerged—400,000 mining machines were shut down due to power cuts. At first glance, it seems like a repeat of past patterns, but the timing behind it is worth pondering.

In an environment of strict regulation, such a large-scale mining operation was still lurking—what does this real cleanup tell us? Past experience shows that whenever news of large-scale miner shutdowns surfaces, it's often a signal that the market has bottomed out. This not only indicates that mining supply may contract but also that the market clearing phase is nearing its end—leverage that needs to be爆（exploded）has already done so, and the mining farms that should stop have already stopped.

Currently, only one critical time point remains: December 19th, the Bank of Japan's interest rate decision. This could be the last visible bearish factor in this round of adjustments. Once the dust settles, it is very likely to mark a turning point where "the bearish sentiment has been fully priced in."

Interestingly, on-chain data is already speaking—some whale wallets are quietly accumulating spot holdings. Market bottoms often appear when no one is paying attention, and instead, they start when everyone is betting.

From a practical perspective:

• $BTC, $ETH , and other mainstream coins can consider buying on dips in batches, spreading out costs in the bottom area.

• If you want higher flexible returns, you can focus on early projects within the Ethereum ecosystem that have strong community consensus—these tend to be more volatile and offer wilder opportunities.

Don't wait until the market starts to rise to pat yourself on the back. History always brews new beginnings in despair.