比特币（BTC）在八个月内首次发出购买信号：哈希丝带和RSI对齐

八个月来，哈希丝带是比特币矿工健康的关键指标，刚刚发出了买入信号。

For the first time in eight months, the Hash Ribbon, a key indicator of Bitcoin miners’ health, has just issued a buy signal. A rare event, often a precursor to major reversals. As Bitcoin flirts with $87,492, this technical alert is accompanied by another signal: the break of a historic downtrend on the RSI. Coincidence? Not if you believe the experts.

八个月来，哈希丝带是比特币矿工健康的关键指标，刚刚发出了买入信号。罕见的事件，通常是重大逆转的前身。作为比特币的调情，价格为87,492美元，该技术警报伴随着另一个信号：RSI上历史性下降趋势的破裂。巧合？如果您相信专家，那就不是。

Bitcoin shifts into a ‘macro-bullish’ phase: the Hash Ribbon emerges from the shadows

比特币转变为“宏观式”阶段：哈希丝带从阴影中出现

Since July 24, the Hash Ribbon had not flashed green. Its awakening on March 24 acts like an electric shock.

自7月24日以来，哈希丝带没有闪烁绿色。 3月24日，它的唤醒就像是电击。

Created by Capriole Investments, this tool analyzes the cycles of miners through two moving averages of the hash rate (30 and 60 days). When the short average surpasses the long one, capitulations fade. Miners, previously strangled by declining profitability, are back in the game.

该工具是由Capriole Investments创建的，分析了矿工的周期，这是两个散布率的移动平均值（30天和60天）。当短平均值超过长时间时，投降逐渐消失。以前因盈利能力而勒死的矿工又回到了游戏中。

A signal that transcends charts. Historically, each activation of the Hash Ribbon has preceded major rallies.

超越图表的信号。从历史上看，哈希丝带的每种激活都先于重大集会。

In July 2024, Bitcoin was still struggling to find a floor, but the bullish movement ultimately swept away the skeptics. A similar scenario occurred in August 2023: after months of hesitation, the price took off.

2024年7月，比特币仍在努力寻找地板，但看涨的运动最终席卷了怀疑论者。 2023年8月发生了类似的情况：经过几个月的犹豫之后，价格启动了。

Today, traders anticipate a repetition of the pattern. “This is a macro-bullish trend,” emphasizes Titan of Crypto on X.

如今，交易者预计该模式会重复。 “这是一种宏观趋势，” X上的加密货币泰坦强调。

The technological dynamics as an accelerator. Ryan Lee, chief analyst at Bitget, observes a growing correlation between Bitcoin and tech values:

作为加速器的技术动力学。 Bitget首席分析师Ryan Lee观察到比特币与技术价值之间的相关性越来越大：

The recent rise in cryptocurrency-related stocks, alongside gains in Bitcoin and the Nasdaq, highlights the increasing risk appetite. BTC is now viewed more as a tech asset due to new innovations like Bitcoin ETFs and Spark Token.

最近，与加密货币相关的股票以及比特币和纳斯达克股票的收益增长凸显了风险越来越多的食欲。由于比特币ETF和Spark Adken等新创新，BTC现在被视为技术资产。

RSI: the drop halted, hope reborn

RSI：下降停止，希望重生

But that’s not all. In the shadow of the Hash Ribbon, another key indicator draws a metamorphosis: the Relative Strength Index (RSI).

但这不是全部。在哈希丝带的阴影中，另一个关键指标绘制了变形：相对强度指数（RSI）。

On the weekly chart, a bullish divergence has formed for the first time since September. Translation? The selling momentum is fading, despite still timid prices.

在每周图表上，自9月以来，看涨的分歧是第一次。翻译？尽管价格仍然胆怯，但销售势头仍在淡出。

On the daily chart, the RSI has breached a resistance that had been in place since November. “The multi-month downtrend is over,” confirms Rekt Capital, a technical analyst. A symbolic break, often interpreted as the prelude to a price acceleration.

在每日图表上，RSI违反了自11月以来一直存在的阻力。技术分析师Rekt Capital证实：“多个月的下降趋势已经过去。”一个象征性的休息，通常被解释为价格加速的前奏。

For Bitcoin, it’s a relief after a disappointing first quarter of 2025, marked by erratic volatility. The convergence between Hash Ribbon and RSI is not insignificant. One validates the network’s strength, the other measures overbought or oversold conditions. Together, they form a coherent narrative: technical fundamentals and miner activity align for a recovery. The question remains whether institutional investors, often hesitant in times of doubt, will join the dance.

对于比特币来说，这是2025年第一季度令人失望的，以不稳定的波动为特征。哈希色带和RSI之间的收敛性并不重要。一个验证了网络的实力，其他衡量标准过多或过多的条件。它们共同形成了一个连贯的叙述：技术基础和矿工活动以恢复。问题仍然是，在怀疑时期，机构投资者通常会犹豫不决。

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Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.

自2017年以来，Evariste着迷于比特币，不断研究该主题。尽管他最初的兴趣是交易，但他现在积极寻求了解以加密货币为中心的所有进步。作为一名编辑，他努力始终如一地提供反映整个行业状态的高质量工作。