Just been watching the mining data and it's pretty wild how long this capitulation has dragged on. Like, we're talking one of the longest stretches where miners have been basically throwing in the towel. But here's the thing - when these capitulation cycles finally end, it's usually a decent signal that we're near a floor for BTC. The pattern keeps repeating: miners get squeezed, they sell, then suddenly the selling dries up and price starts finding support. Right now it feels like we're getting close to that inflection point where the capitulation bottoms out. Not saying it's a guarantee, but historically these miner capitulation periods have marked some pretty solid entry zones. Worth keeping an eye on the mining hash rate and miner outflows over the next few weeks to see if this particular capitulation is finally wrapping up.