$HIVE, $BTC & ETH/BTC Technical Analysis - 22.02.2026

Another week passed, so it's time to look into what these assets have been doing and what we can expect next week, or better yet, how can we react to what the market is throwing our way.

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On the monthly time frame, price is still bearish and $HIVE is trading below the monthly as well as yearly open. The monthly candle is not closed yet, so we'll see in a week.

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Compared to last week, price has taken a different direction compared to last week. Today the weekly chart shows weakness and chances are price is heading to sweep the $0.0611 low. If we don't get a bounce there, ATL could be next.

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On the daily time frame, yesterday price had an attempt to regalance and invert the bearish gap between $0.0691 and $0.0707. The gap was rebalanced, but price failed to close above it and it looks like it is heading to sweep $0.0635. If we don't get a bounce there, the $0.0611 low could be next. In case we get a reversal at some point, price will need to close above the above mentioned gap, after which $0.0798 is next on the upside.

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On the h4 time frame, price is trying to create a local swing low at $0.0664, but that is only confirmed if and when the current candle closes above $0.0664. For a bullish price action, price needs to invert the two bearish gaps marked with yellow on my chart and close above the top one, between $0.0688 and $0.0698, after which the (literally) equal high at $0.0708 is next. If we can't get a healthy momentum to the upside here, then $0.0653 could be next.

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After the drop we had two weeks ago, BTC has been consolidating in a tight range and there's still no clear direction on where price wants to go. Immediate levels to watch are $65,065 on the downside and $70,937 on the upside. There's not much to do here, till the market shows its hand.

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ETH/BTC has not done much either, it is still consolidating. The change since last week is that last Sunday price closed below the bullish gap, that has been holding price, invalidating it (in my eyes), swept the low at 0.0028551, created a new low and is trading sideways. Patience is needed here, till we get a move that pushes price out of this range.

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Next week is going to be interesting. The economic calendar has Trump's speech scheduled on Wednesday. The good thing is, it's at 4am, my time, which is not a trading time for me, it's during Asia, so it's not going to affect me live, but it can cause some waives. (Trump is angry right now, because the U.S. Supreme Court has ruled against his tariffs, so God knows what he's planning now, but this is just a warning, not part of my analysis.)

We have unemployment claims on Thursday and core PPI m/m and PPI m/m on Friday, so it's safe to say caution is needed in the second half of the week.

Remember, technical analysis is not about forecasting price, but about reacting to what price does.

As always, this is a game of probabilities, not certainties. Also please note, this is not financial advice, it's my view and understanding of the market.

All charts posted here are screenshots from Tradinview.

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12 comments
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From what I can deduce from the weekly timeframe, I can see a buy opportunity before the Month of February ends.

Disclaimer This is not a financial advice

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The hive price is very low at the moment. Hopefully, it will rise this coming week. From what I remember, the hive price didn’t recover after it dropped.

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From what I remember, the hive price didn’t recover after it dropped.

I posted the chart for everyone to see.

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Eventually crypto is going to bottom out, just not this week 😀

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I trade the market both ways, so for me, it's not relevant if or when :)

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Good for you, I am not good at trading unless you consider trading as buying and selling on a 2-6 year time frame 😀

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