I think you've pinpointed the reasons for this spike and yeah, probably this isn't the time for any rational hyped reaction as we have more to build up to raise in the $1 - $10 range. Many are $ dreaming, but also I think that many were caught with all their HIVE powered up. Some started to power down, but I don't think this is the way as it is a slow action and you might get the assets when the market is reversed. Is something to consider for the future and maybe strategize to have some liquid HIVE aside, set some sell targets but rushing now might be a little bit too late.
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