#Bitcoin miner capitulation has reached levels comparable to December 2022, which marked the cycle bottom after the FTX colapse. 
Discussion
Stand by for lift off!
If you are looking for a sign to buy more #bitcoin:
How does this drawdown metric compare to the other halving events? And this metric looks to be difficulty adjustment % of last difficulty adjustment, correct? Looks to be updated more frequently than every 2016 blocks.
(Also, there is a typo in the legend.)