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$HIVE Signal】Extreme overbought, wait for a pullback to go long
$HIVE RSI 14 soared to 91.41, 1H MACD histogram begins to contract, selling pressure dominates (Bid/Ask 0.70).
The 4H Bollinger upper band at 0.0749 has been broken, but the current price at 0.08102 has exceeded the upper band, indicating a technical correction is needed.
Funding rate depth is deeply negative at -0.7225%, bearish pressure but no short squeeze triggered, open interest remains stable.
Risk-reward ratio is poor — if going long at the current price, the upside is less than 1%;
If shorting, the negative rate