Apologies to Others - Except CG Of Course Just saying that yeah, things got a little silly yesterday with CG. I thought that by sharing the math others would benefit and maybe that got lost.
It really is quite obvious if you are on Binance a lot and have done quite a bit of crypto trading iwhat is happening with Hive. Known market resistances, such as Bitcoin and Ethereum topping in the last 24 hours do lead to share declines as people expect the price of Ethereum to go down.
Even Riot is down today. Don't have to believe me that's fine, but we have r=0.7 correlation with Ethereum prices, which is quite strong. For those who are interested, I did upload a chart with the relationship this year - pretty obvious pattern that we have been following.
Hope it helps some people understand why we are where we are. Obviously I still have serious hopes for the future, but I also know that when the bull run starts, we will go up.
