Is Hash Correlative to the Value of the Bio Network?

After march, it seems like we're kind ove in this a new trend. And behavior from market participants. I mean that, i think you could partially just attribute that to, like, institutions being in the market driven by the whole inflation hedge narrative. But for now, we're still in kind of thi sustained period of outflows and zooming out. It looks like we've got everything in here, from a where the chineseminor migration or the chinese mining band occurred, all the way back to it coming back on line pretty aggressively,. which looks pretty bowlish. Is there any historical evidence of how long-term supply can go? We'll have to wait and