Concerning the problem that Smooth Flow (SF) algorithm in bandwidth prediction has flash phenomenon and frequent play stagnation caused by bandwidth prediction without cache control, a dynamic adaptive hybrid rate control algorithm was proposed. First of all, calculation of fluctuation parameter in original SF algorithm was replaced by standard deviation, which can eliminate the flash phenomenon. Secondly, for the original SF algorithm, there is frequent play stagnation problem because the bandwidth prediction does not consider the cache state, at the same time, the traditional cache control method has problem with hierarchical difficulties, a new cache control strategy was intoduced to solve these problems. Finally, the improved SF algorithm was combined with the new cache control strategy to form a hybrid algorithm to select the video bitrate. The experimental results show that the hybrid algorithm not only eliminates the flash phenomenon of SF algorithm in bandwidth prediction, but also overcomes the shortcoming of selecting bit rate by only single algorithm; the selected video not only reduces the frequency of play stagnation (the frequency was significantly decreased by about 43% under bad network environment), but also obey the actual network situation, improving the users' viewing experience.