I believe the day is not far away when HIVE will touch the $0.03 level. In my opinion that could be the point where liquidity is swept before the market stages a strong rebound. I also feel that this may be HIVE's final bearish phase, after which the price could begin a sustained upward trend.

As for August, I don't expect it to be a particularly exciting month for the crypto market. I believe cryptocurrencies could experience another dip before we see any meaningful recovery.