Hello. It's been a while since I shared content about the Hive/BUSD pair. However, I follow this parity and its graph all the time. In fact, I can say that this is the only parity I follow about cryptocurrencies.
Hive price has been in a downtrend for the last 2 months. After seeing 0.97 BUSD in July, there is a steady decline. Let's see how far this will go. But we still see occasional upward movement.
The situation I mentioned in the title takes place in the shorter term. After the last pump, there was a great stagnation. After seeing 0.69 Busd above and 0.45 Busd below, we are stuck in the 0.47-0.49 range. We can't get out.
After last week's activity, this recession has become very boring. I reduced the cost of Hives that I bought from 0.53 Busd to 0.48 Busd. However, being stuck at this price strains one's patience. I will continue to wait for now. Let's see when and where we go.
See you again.
Take care of yourself and your hive.