Great explanations, enjoyed reading your thoughts. Have a few questions: Couldn't this be related to Peakmonsters running out of Resource Credits recently? Maybe a price floor has been broken, and we wont see HIVE below 1$ again?
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I honestly think that the HIVE will drop from its actual price (1.1 USD) in about a week: probably a HUGE amount of Hive Power is currently being powered-down due the price mooning, and when the first batch of Liquid HIVE arrives, people will dump those to make a quick buck.
In the other hand, I don't think it's price will come back to the older values of around ~0.6 USD. The whole Hive network is expanding (mainly due Splinterlands), and thus it makes sense for the token price to increase over time.