Yeah I was looking to hbdstats early and that is for sure something to consider....
it’s been tough seeing Hive down here, but looking at the bright side, the weekly chart is starting to show some interesting signs. We seen Hive wake up near the end of BTC bull runs before, like in 2022 when altseason kicked in.
Right now the weekly RSI is sitting low and looks ready to cross upward again, which often signals a reversal from oversold levels. The candles are also hugging the lower Bollinger Band, and we usually seen bounces from this area in the past. A move back toward the band around 0.3 wouldn’t be crazy if momentum returns.
At these prices, converting HBD to Hive might even turn out to be a smart play especially if this is indeed the bottom zone and we start to recover later into Q1 2026.
Markets always look the worst right before they turn around, and Hive has already proven it can survive and bounce through multiple cycles. If Bitcoin finishes strong and altseason rolls in again, Hive could surprise us once more.
Not financial advice, just some hopeful perspective.
RE: Hive's Debt Is Rising Quickly