Disintegration...
No, it's not the song by "The Cure," although I was very excited to remember it. I'm actually referring to the price trajectory of HIVE, and other altcoins, while BITCOIN continues to consolidate its range between $104,000 and $110,000...
It's like a disintegration phenomenon. There are radioactive materials that lose their power over time. For some, it may be a matter of minutes; for others, thousands of years.
The fact is that looking at HIVE on the daily chart reminded me of the typical radioactive decay versus time graph...

I don't think we'll end up like Cobalt-60, or even worse (Francium-223 takes just 22 minutes to decay), like others, but it doesn't look very good at the moment.
It's been tough, I have to admit.
This week will end with HIVE below $0.20, where some of us thought we should be in the midst of altcoin season, an event I'm finding increasingly hard to believe will actually happen... but luckily, I've done my homework in time, selling most of the altcoins I had in my portfolio.
This cycle is going to be the death knell for many altcoins;
I just hope our "half-life" is longer for HIVE.
In any case, if we expect HIVE to survive, today shouldn't be a bad time to buy, don't you think?
Unless BITCOIN goes to hell... because if that were the case, where would the altcoins go?
We'll see.
I think this altcoin season is being more of a bear altcoin season... It could go back at 0,18 where it was but shouldn't dump more
Vedere Hive così in basso effettivamente mette un po' di tristezza...
@tipu curate
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Altseason will be rough this time around. I also think that Hive will survive, and I do plan on buying some Hive with my HBD now that prices have dropped.
https://x.com/jewellery_all/status/1936423340086088079
#hive