Because the previous wave has increased continuously, XEM try to be difficult with the zig zag pattern like this chart. If it's a little positive then everything Moon, if it's a little realistic then the market running like this doesn't seem to be calm. If the $4xk segment happens, it will definitely be bad news, and if it does, from a miner's perspective, it will be close to electricity costs. 👉 Don't sell, you should buy and hold the ones that are stuck (if any). 👉 No matter how the chart is drawn, it is only a technical reference, but in basic analysis, the electricity cost to produce 1 BTC in the first quarter of 2025 can reach $48k, and for miners to break Capital (not yet profitable). Must reach $53k-$63k.