Hey everyone, and happy Power Up Day. 😃
Keeping it short today — it’s almost Easter, it’s been a busy one, and I hope you’re all enjoying the holiday. Happy Easter!
I’m continuing my monthly power‑ups, just small amounts while we’re still early in the bear phase in my view.
For transparency: HP fluctuate because I rotate with structure — selling LHs, rebuying LLs. Volatility is a tool, not a threat. Just like I did in the last cycle.
January 2022 baseline: 5,000 HP
January 2026 baseline: 25,000 HP
Long‑term target: 50–100k HP by the next cycle.
Keeping HP around 20k for now, as I’m focused on increasing the trading stack during this part of the cycle.
2026 goal: 20k HP, 1k HBD, and a larger trading stack.😃
The structure has develop into a descending triangle during the month of February — a classic bear‑market continuation pattern. These patterns rarely resolve upward, and if support breaks, the technical target sits around ~0.049.
For the full deep‑dive, cycle recap, check Hive recap — previous cycle 2022-2025 & fractal outlook
We now have the confirmation:
Breakdown
Bearish retest
Continuation lower
As long as structure keeps printing lower highs and lower lows, the downtrend remains the base case.
If bulls can reclaim $0.60, we might see some short‑term upside, but until then the trend is still pointing down.
As mentioned in the previous post:
On the daily chart, Steem printed a clean exit‑pump recently, and historically Hive and Steem often move together in these micro‑phases. If Hive mirrors that behaviour, a short‑term move toward ~0.11 is possible.
This scenario is still on the table — if we get the same sequence:
Big pump
Retest of previous high
Retrace for an SR‑flip of the prior level
Steem didn’t take out its previous high, meaning it’s still in a downtrend. Same logic applies here: in bear markets I prefer selling strength and rebuying weakness, not the other way around.
Hive won’t move without BTC. BTC is currently in LH‑territory after a LL; only a reclaim of 72k would shift probability toward a broader relief bounce.
Nothing dramatic has changed — just structure doing what structure does in a bear phase. I’ll keep powering up small amounts, rotating when the chart gives me the signal, and staying patient until the next real cycle turn.
Happy PUD, and happy Easter to all. 😃🐣
📚 Reference Library (for my own tracking)
Core cycle recap:
Hive recap — previous cycle 2022-2025 & fractal outlook
(New links will be added here as the cycle unfolds.)
See my latest TA on the crypto market here:
🌀 Codex Brief — Three Red Weeks: Relief on the Horizon
Read about:
Hive Power Up Day - April 1st 2026 and more info about PUD at @hivebuzz
My previous powerup post:
HIVE POWER UP DAY 1.march 2026 and #HIVE TA 🚀
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Christopher
Kristiansand, Norway
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