$HIVE currently trades at 0.2463 USDT, positioned near a crucial support level of 0.2449 USDT. The RSI at 26.47 indicates potential oversold conditions, suggesting a bullish reversal could be on the horizon, though the overall trend remains bearish. A breakout above 0.3006 USDT could signal a strong buying opportunity. However, traders should be cautious of Bitcoin's volatility and any looming macroeconomic uncertainties that may impact sentiment.

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