Double Digits, Same Doubts
Woke up this morning to a nice surprise: HIVE is up double digits, with the price climbing to 12 cents. As we can see now, though, it’s already starting to pull back again. This doesn’t look like a sustainable turnaround yet, but more like another pump and dump that mainly provides exit liquidity for people offloading even more of their stacks.
I’m holding my HP and waiting for now. It’s definitely nice to see some green today, but I remain cautious. We’re still in bear-market territory, and prices could easily drop to levels even lower than what we’ve seen over the past few weeks.
What do you guys think about this current pump?
