Although price went sub 6k, hash rate didn't go below Nov and Dec 2019 numbers.
I consider this a bullish sign as Bitcoin miners believe price will go up in the long term. On the short term, we might see more pain as not enough miners have experienced pain. What do you think?
Price does not follow mining activity, the activity follows the price in the long term. One diff adjustment is simply not enough to say that we will go to the moon.