After Bitcoin miners' sell-off, has BTC entered a consolidation phase?

After recently reaching an all-time high, the profit-taking activities of miners have increased, possibly entering a short-term consolidation phase.

Miners have sold over 3,000 BTC in the past 48 hours, worth approximately $273 million, which usually indicates that the market may enter a cooling period, and prices may experience a brief pullback.

BTC remains stable above $90,000, showing strong market confidence, and Bitcoin's hash rate has reached a new high, indicating that miners remain optimistic about Bitcoin's long-term prospects.

Bitcoin is currently in a consolidation phase around the $90,000 range, which is a natural correction process after a significant rise. Key support levels are in the $88,000-$90,000 range, and if this support can be maintained, market confidence is likely to continue, laying the groundwork for a breakthrough of $100,000. #币安矿池FB联合挖矿 #DeSci热度上涨

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