You don't need to analyse the chart pattern of cryptos for this. This is apparent that crypto market is falling. Bitcoin made its all time high in October 2025 when its price was over $124000. Since then it has fallen sharply. This is not unusual in crypto market. There are cycles when Bitcoin goes to top and then comes down. It happens during the bitcoin halving events that Bitcoin makes new highs and other cryptos follow it. But the last bitcoin halving cycle was different. Definitely, some altcoins like Ethereum, solana, Binance coin etc. made new highs but other altcoins like steem, hive could not even reach to the half of their all time high price. Hive all time high price in December 2021 when its price was over $3. But in 2025 when Bitcoin price reached from $16k to $124k, Hive just reached to $0.65 and it didn't sustain for a long. It dropped sharply and now making new lows every day.
Hive is being dumped by the top investors. Otherwise its price could not have dropped so drastically. They are selling whenever its price goes up. That's why a lower highs and lower lows pattern is clearly visible in Hive chart pattern. What should be my strategy?
I am already in a loss. So there is no use of selling my stake. Therefore, I am going to power up more hive tokens. I am not buying those tokens from the market. In fact, I'll use the tokens for power up which I had accumulated from my posts.
Thank you.
