What I find particularly encouraging about it is the super high trading volume supporting it... always a good sign. $824M traded in the past 24 hours!
I expect it'll back off a bit, but likely we'll be looking at a whole set of much higher new lows.
Regardless, it's really encouraging for those of us who have been here for a long time!
90% of the volume is krw/hive on upbit. This looks like an orchestrated action - last few days there were majour buys and withdraws from exchanges followed by an article in ivesting.com about a mining company called Hive blockchain. I hope its not a scam but if it is, we don't need acts like that abusing our reputation.