Market Overview: Hive/Bitcoin (HIVEBTC) 24-Hour Price and Volume Behavior

Sunday, Dec 28, 2025 4:18 am ET1min read
Aime RobotAime Summary

- Hive/Bitcoin (HIVEBTC) formed bearish engulfing and bullish harami patterns near key resistance/support levels during 24-hour trading.

- Momentum surged into overbought territory before collapsing below 40 on RSI, while MACD confirmed bearish bias after early morning crossovers.

- Volatility spiked at 03:00 ET with 415k-unit volume, but waned during final 2 hours despite continued selling pressure.

- Price consolidation within contracting Bollinger Bands suggests potential range-bound phase, with 1.2e-06 support level likely to be retested soon.

Summary
• Price formed bearish engulfing and bullish harami patterns near key resistance and support levels.
• Momentum shifted toward overbought territory mid-session, then reversed sharply lower.
• Volatility expanded after 03:00 ET, with a high-volume spike confirming a pullback attempt.
• Bollinger Bands showed price tightening in the final 90 minutes, hinting at consolidation.
• Turnover and volume aligned during the early morning surge but diverged near close.

Hive/Bitcoin (HIVEBTC) opened at 1.09e-06 at 12:00 ET-1, reached a high of 1.38e-06, and a low of 1.08e-06, closing at 1.21e-06 by 12:00 ET. Total 24-hour volume was 3.24 million units, with notional turnover of 4.07 BTC.

Structure & Formations


The price trend displayed a clear bearish reversal at 1.38e-06 with a large engulfing candle, while a bullish harami near 1.2e-06 offered temporary support. A key resistance cluster formed around 1.32e-06, where buyers failed to hold, leading to a sell-off after 03:30 ET.

Moving Averages and Momentum


The 20-period and 50-period moving averages on the 5-minute chart crossed bearishly in the early morning, confirming a short-term downtrend. RSI surged into overbought territory after 02:30 ET but then collapsed below 40 by 05:30, reflecting a loss of bullish momentum. MACD lines crossed negatively, aligning with the bearish bias.

Volatility and Bollinger Bands


Bollinger Bands widened significantly between 03:00 and 04:00 ET, signaling a breakout attempt that failed. Price later contracted within the bands, suggesting a possible range-bound phase. Volatility, however, remained elevated, especially during the early morning push.

Volume and Turnover Divergences


Volume spiked to 415,513 units at 03:00 ET with a corresponding 0.53 BTC turnover, confirming a strong pullback. However, during the final 2 hours, volume waned despite continued bearish price action, indicating potential exhaustion.

Looking ahead, Hive/Bitcoin may test the 1.2e-06 support level again in the next 24 hours, with a risk of breaking it if selling pressure resumes. Investors should remain cautious around the 1.32e-06 resistance zone and watch for volume confirmation on any upward attempt.