Hey everyone, and happy Power Up Day. đ
Keeping it short today â itâs almost Easter, itâs been a busy one, and I hope youâre all enjoying the holiday. Happy Easter!
Iâm continuing my monthly powerâups, just small amounts while weâre still early in the bear phase in my view.
Fixed Monthly Context Quote
For transparency: HP fluctuate because I rotate with structure â selling LHs, rebuying LLs. Volatility is a tool, not a threat. Just like I did in the last cycle.
January 2022 baseline: 5,000 HP
January 2026 baseline: 25,000 HP
Longâterm target: 50â100k HP by the next cycle.
Keeping HP around 20k for now, as Iâm focused on increasing the trading stack during this part of the cycle.
2026 goal: 20k HP, 1k HBD, and a larger trading stack.đ
Quick recap of last month
The structure has develop into a descending triangle during the month of February â a classic bearâmarket continuation pattern. These patterns rarely resolve upward, and if support breaks, the technical target sits around ~0.049.
For the full deepâdive, cycle recap, check Hive recap â previous cycle 2022-2025 & fractal outlook
Market Status â April Update
We now have the confirmation:
Breakdown
Bearish retest
Continuation lower
As long as structure keeps printing lower highs and lower lows, the downtrend remains the base case.
If bulls can reclaim $0.60, we might see some shortâterm upside, but until then the trend is still pointing down.
A Small Dose of Hopium â Daily Chart
As mentioned in the previous post:
On the daily chart, Steem printed a clean exitâpump recently, and historically Hive and Steem often move together in these microâphases. If Hive mirrors that behaviour, a shortâterm move toward ~0.11 is possible.
This scenario is still on the table â if we get the same sequence:
Big pump
Retest of previous high
Retrace for an SRâflip of the prior level
Steem didnât take out its previous high, meaning itâs still in a downtrend. Same logic applies here: in bear markets I prefer selling strength and rebuying weakness, not the other way around.
Hive wonât move without BTC. BTC is currently in LHâterritory after a LL; only a reclaim of 72k would shift probability toward a broader relief bounce.
Nothing dramatic has changed â just structure doing what structure does in a bear phase. Iâll keep powering up small amounts, rotating when the chart gives me the signal, and staying patient until the next real cycle turn.
Happy PUD, and happy Easter to all. đđŁ
đ Reference Library (for my own tracking)
Core cycle recap:
Hive recap â previous cycle 2022-2025 & fractal outlook
(New links will be added here as the cycle unfolds.)
See my latest TA on the crypto market here:
đ Codex Brief â Three Red Weeks: Relief on the Horizon
Read about:
Hive Power Up Day - April 1st 2026 and more info about PUD at
My previous powerup post:
HIVE POWER UP DAY 1.march 2026 and #HIVE TA đ
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Christopher
Kristiansand, Norway
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