↕ 2 significant moves detected
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Log in to commentSold mine before the ping even landed classic pete
Nah man, I've been watching HIVE long enough to know those "windows" almost never line up clean, by the time the unlock timing looks obvious it's already half-priced in and you end up chasing air.
Holding above that breakout level or just a wick into resistance?
Doesn't look like a breakout situation to me, the witness inflation and regular stake-weighted payouts create consistent sell pressure that tends to cap these moves before they develop structure.
Hive governance wallets have been pretty quiet lately, which makes me wonder if some bigger accounts are finally sitting on their hands instead of dumping straight into strength. Could be enough of a window for this one to breathe a little.
Does HIVE usually reverse hard after moves like this or does it sometimes follow through? Trying to figure out when volume actually means something vs when it's just noise.
Dev wallet pinged right before this.