hiveblockchain

$HIVE is overly bullish in terms of watching for squeeze and then shorting the dip, but I won’t chase around 0.0525. From 04:00, the full 1-hour spot market moved from 0.0516 and closed at 0.0525, up about 1.7%. Trading volume was only around $34.6k—although it increased compared with roughly $25.5k in the previous hour, it’s still far below the volume scale during the earlier sell-off. The spot market confirmation isn’t strong enough.

The futures side is even more tangled: the funding rate has already reached -0.2438% per 4 hours, meaning short positions carry a heavy cost basis. Meanwhile, open interest (OI) has fallen by about 13.6% over the past ~8 hours, but it has rebounded about 2.0% in the last hour—suggesting the old leverage is just fading out while fresh positions are starting to return. At the same time, long accounts across the whole market are about 62.8%, and the aggressive buy-sell ratio is only 0.67. This isn’t a unilateral bottom-fishing signal; it looks more like both sides are waiting for a liquidation to reset.

I only watch for a pullback to hold between 0.0515 and 0.0518, or for a 15-minute volume expansion close above 0.0526 with OI continuing to increase. If the 1-hour candle closes below 0.0508, the rebound structure fails. #HIVE #HiveBlockchain #合约数据 #行情分析

$HIVE has locked in a decisive trend reversal signal on the 4-hour chart, currently pushing a +4.90% recovery as buyers step in to snap up the asset from its 0.0453 market floor. Following a sustained downtrend that thoroughly exhausted sellers, a massive, high-volume liquidity sweep candle spiked all the way to 0.0620 to clear out the overhead short positions. Price action has settled back to consolidate firmly around the 0.0492 level, establishing a structural launchpad for bulls to mount a secondary breakout wave back toward major distribution targets.
Target 1: 0.0545
Target 2: 0.0590
Target 3: 0.0635
#HIVE #HiveBlockchain #Layer1