When we talk about the hash rate, we are talking about fundamental analysis, about the extent to which we can explore the fundamental situation of blockchain technology, in this case Bitcoin.
So, from the miners' point of view, the higher the ASIC mining specifications, the more likely it is to have a bigger chance than other miners with lower specifications, especially if there are more ASIC mining units.

Impact on the Bitcoin Price
Well, when talking about this the answer is quite difficult. But, let's look a little further back with this assumption: If the hash rate is high, the miners will be more confident about buying Bitcoin in the market. There are also more or less miners, but the ASIC miner specifications are higher than before.