Hi hive friends.
Hopefully all of you are fine. The way we saw that the market had shown us a huge crash and compared to yesterday, today we are seeing some recovery in the market, if we count, one thousand dollars has come to the market. The story going on in the market right now and the biggest level is that if the market's break last support of 26,500, the market will see us go further down.
Looking at its 24-hour chart, it looks like the market is starting to move up again, but until then we won't be taking any entries because we all know that tomorrow is going to be a very special day. And the market will be moved up and down a lot within the day tomorrow. Those who are sensible stay out of the market these days because we all know that if the market goes down it will miss and if it goes up it will go up so it is better to wait a little bit.
It was not good news as we saw yesterday that hive had lost the support he had been standing on for the past month. The good thing is that it has a little bit of support, but people haven't sale much with it yet, so we don't see the price going down. If it stands above 40 cents again after yesterday's meeting then we will see a good pump in it in the coming days.
Its 24 hour chart is very different from Bitcoin in the way that we have seen a pump in Bitcoin a while back, so we don't see any pump in it, they are above their position. It has been standing since yesterday. The way we're seeing the news start again and the banks that are there are facing crises it again.
As soon as people got a little bit more aware and believed that the market could go up from here, they once again took the money and just put it on the market, which caused us to see the value of the dollar go down. Have seen the wind and if people continue to pour money in the same way.
Once again within the Bitcoin Dominance we saw a lot of growth, so if we look at the market, the pump that has come has only come on top of coins because of bitcoin dominance. Bitcoin dominance went down but the bad news was that Bitcoin also went down which is why we see the rest of the market going down as well.
