用全网算力的快慢两条均线交叉,看矿工是不是在大批关机。An indicator that compares two moving averages of the network's mining power to gauge whether miners are shutting machines off en masse.
算力反映矿工的真实行动:矿机不挣钱时会被关掉,全网算力就跟着往下掉。算力带把约30天和60天两条算力均线放在一起看——快的那条跌破慢的那条,说明一批矿工正熬不住、陆续关机;之后快线重新升回慢线上方,意味着算力在恢复。市场常把这第二步看作「矿工投降已经结束」的一个底部参考信号。它告诉你的是矿工这群人现在过得苦不苦,而不是价格接下来会怎么走。Hashpower mirrors what miners actually do: when a rig stops being profitable it gets switched off, and the network's total mining power drops. Hash Ribbons lays two moving averages of that power side by side — roughly 30-day versus 60-day. When the faster line falls below the slower one, a wave of miners is giving up and powering down; when the faster line climbs back above, mining power is recovering. The market often reads that second step as a sign that miner capitulation has run its course. It tells you how much pain miners are under, not where the price goes next.