Spot on with the data and macro reality here. Looking at the numbers, Bitcoin consistently sets higher cycle lows ($15.5K in 2022 up to current levels), while Hive has bled significantly below its previous bear market bottoms (~$0.042 vs. $0.25).

The structural inflation and forced 13-week power-down friction mean that holding Hive as a long-term speculative asset carries massive opportunity cost compared to BTC. Treating Hive as a social/application layer to create, earn "house money," and power down surplus earnings into Bitcoin is the most logical play for long-term value preservation.