$HIVE A dramatic short liquidation of $1,577.5 at $0.46839 has shaken the market, signaling a strong bullish surge in HIVE
. The swift price movement forced short positions to close, catching traders off guard as momentum shifted decisively upward.
This pivotal $0.46839 level now becomes a crucial benchmark, marking where sellers were overwhelmed by intense buying pressure.
Such liquidations often indicate robust demand or strategic market plays by influential participants.
Traders are left to assess the implications: will this bullish breakout sustain, or is volatility just getting started? The battle between bulls and bears intensifies, making HIVE a market to watch closely.