A network status indicating circuit for indicating network status is provided. In a preferred embodiment, the network status indicating circuit includes a signal-generating unit (100) configured for being set in a kernel board, and an indicator circuit (200) configured for being set in a device board. The signal-generating unit (100) includes a signal transition circuit (130), which includes a first transistor (T1), a second transistor (T2), and a third transistor (T3). The signal transition circuit (130) is connected to a Link pin and a Speed pin of a network IC (120).