Bitcoin miner indicators and market sentiment send buy signals, with $90000 as key support level

Cointelegraph analysis shows that both the Bitcoin miner indicator and the market sentiment index have recently issued a "buy" signal. The hash band indicator (based on the 30 day and 60 day moving averages of hash rates) indicates that the miner surrender phase may have ended, and this signal has historically been associated with price discounts and long-term buying opportunities. The last time this signal appeared was in July 2025, after which Bitcoin rose 25% to a historical high. In addition, the 30 day moving average of the Crypto Fear and Greed Index has crossed the 90 day moving average for the first time since May 2025, shifting market sentiment from long-term fear to positive. Analysts point out that $90000 is a key support level, and if it falls below it, it may explore the $80000 to $85000 range, and even test the April 2025 low of $74500 and the 200 week moving average of $68000.