I think we can see this illustrated a little in the volume on Binance (HIVE/USDT), where after the initial spike last week to 1.31 that cleared out a lot of sellers, the move to 1.54 has been pretty low volume, as there is little resistance on the way up.
THIS.
It’s very impressive that, this time, HIVE has been been advancing on such low volume. In at least the last three pump-and-dump cycles, the pump came on high volume and the dump was on lower volume.
Yes, so I am hoping we are shaping up for some strong hands for a while at least. there is some resistance around 2, but past that, there are some blue skies to 3 :)