Is it that time of year when I suddenly feel fine and then feel terrible 12 hours later? I do not want to go into detail, but I would like to discuss how the Hive price action has played out in the last 24 hours.
Have you been reading and TAs lately? Who do you follow on Hive for a more holistic market analysis? Or maybe someone on Twitter?
Why do you follow or trust them to provide useful market analysis? I follow a few people and read their posts, but I do not know anyone on Twitter who analyzes the market objectively.
I have been tracking the price of Hive for about 24 hours, and while we pumped a little two days ago, we have been flat for the past 24 hours.
I loaded up some Hive with HBD in the hopes of seeing that Sunday midnight pump, but we didn't, and in some ways, I am glad we did not pump, even though I know it is okay to pump.
I do not think I have accumulated enough. Before the next pump to 1$, I want to have about 1k Hive ready for use, which is why I am glad we have not started pumping yet. I don't know if I'll get that 1k, but I know I don't want to power down.
For the time being, the stake is solely on supporting others, and I do not intend to abandon the strategy due to the current pumps.
Is BTC Price Being Suppressed?
The market is flat, and there are rumors that the price of Bitcoin is being suppressed so that whales can continue to buy below $100,000.
I am not sure how accurate this is, but I believe the market will always require catalysts to pump or dump the price.
So did you buy in the last 24 hours hoping we might get a pump or did you covert your HBD to Hive hoping that we can get a pump? Are you disappointed we didn't? Are you prepared to take advantage?
I do not believe most people are ready for the next pump. So I believe what we currently have is an opportunity to continue accumulating.
Are we going to see the next pump on Sunday at midnight? I do not know. Someone once told me that whether we own Hive at 0.4 or 0.5, the goal is to own Hive for less than $1, and I believe I agree with him.
Everyone has a different strategy and perspective on the market. I read some people's content and understand their strategy.
It is interesting how many people are approaching 2025 with so many different ideas about what will and will not happen. I believe that no one knows what will happen, which is the source of uncertainty.
I do not think there is any reason to be afraid or disappointed; the market will affect everyone when the time comes.
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
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"Un-PAYING" The Debt You Owe
Interested in some more of my works
Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe
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Hive's been slowly going up today, which is interesting. No huge buys to start a pump though. There may be another coming tonight, but we'll see. I may pick up a little extra liquid Hive just in case.
BTC is being manipulated a bit, but it will have a massive breakout through $100K again very soon. Question being is it then staying, or will some whales take profits to dump the price again? Time will tell...
!hiqvote
The market will always have a way to play. Bitcoin price showing weakness. Hive seriously looks bullish, I previously thought it will drop to $0.48, but hummm!! Allow market to do it thing.
I think there was some novelty with HIVE being added to the perpetuals market on Binance, and that pulling in some liquidity. Checking over at Coin Gecko volume in both the spot and perpetuals market was substantially below where it was when HIVE took off on the previous weekends. We still did get a bump on Friday, but it appears the speculators were either skittish, or the spare capital wasn't available to drive another round of swing trading.
It will be interesting to see if we get a bounce on Monday.
Yeah man, was expecting the pump on hive but it seems like market makers are now suppressing it's price on purpose because the volume was still there
It showed up on gainers like when rest of market was down for a while but got hammered way quick.
This $0.6 range is a big resistance, thinking it'll take another weekend to break.
Let's see what we'll get on next Sunday.
!PIZZA
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I don’t follow anyone on Twitter or other social networks. Truly insightful analysts are very rare, and reading everything indiscriminately—I’ve been through that—wasn’t enjoyable. I disliked it because reading analyses from so-called "gurus" is confusing. Whether you want it or not, what you read influences your mindset and can ultimately affect your trading plan. So, I prefer silence.
That said, I do check market prices several times a day, including HIVE. If I see a significant pump, I might sell something depending on the level, but it's a small portion of my allocated amount. Also, all HBD earnings from articles are immediately converted into HIVE if the price is around $0.5.
While I acknowledge the possibility that HIVE might drop below $0.5 (to $0.4, $0.3, or even $0.2) and I won’t have stablecoins to buy the dip, I’m prepared to endure this period of drawdown. My view is based on the current market phase and the belief that we are on the brink of a crypto frenzy. Because of this, I stay calm about any corrections.
In the future, as time passes, these corrections won’t even appear significant on the charts when looking at larger timeframes. Small movements are an option, but my primary focus is on market cycles.
I have observed these pumps over time and I notice that it always starts at exactly 12am my time. So I usually just watch the charts to see unusual bullish volume right before 12am (so around 11pm) and once it hits 12, if price starts going up, I enter the market with a stop at the 11pm low. It’s raked in some good profits for sure, but it’s not always 100% accurate because sometimes, and more specifically the past 3 days, the hourly candle opens like a pump, and surprisingly dumps heavily, catching both long and short traders in a pickle.