We're in a middle of a whirlwind - again - in our crypto universe. Bitcoin is bleeding - again - and the alts aren't feeling better either. As crypto veterans, we know this happens every few months (although we may see significant crashes monthly, if the trend continues), but that doesn't mean we don't take notice.
In the middle of this whirlwind, HIVE shows - again - surprisingly high levels of resilience. The 3000 satoshi level was protected heavily and, as a result, we didn't see under $1.5 levels.
I don't know from where this comes, because volume is still very thin, which means a sudden move in any direction is possible, but I have a few theories. One of them is that significant whales are keeping the price "up" because they know something. Something that we obviously don't. It might be the January 6th SPK airdrop, or something else, I have no idea. All I see is resilience in HIVE price.
Bitcoin is still very unstable, though, and as the end of the year approaches, and volatility increases, we may expect some ripples into the HIVE ecosystem too.
If those ripples will be just as small as the ones that we've seen in the last few hours, I won't be upset.
I promise.
