Hive price got two successive green monthly candles after 1,5 years. With these green candles, Hive price went up more than 70%. After this price pump, Hive price got huge monthly red candle and went down 30%.

Here you can see monthly chart of Hive price. There is great resistance on Hive price chart. It resisted Hive price and Hive price got monhtly red candle Even Hive price went up more than 70%, It could not make daily close above 8-month moving average.

Here you can see the indicators on monthly chart of Bitcoin price. Fisher Indicator reversed up from the bottom. It is trying to go up. MACD Indicator reversed up. It needs a few month to reach 0 level.
When we look at this indicators, we can see say that Hive price needs a few months. If it gets monthly green candles in next months, It will enter bullish season. But now, it is not possible to say.
There is great resistance on Hive price chart and Major indicators are not at good level to go up.

Even we can not say that Hive price is in bullish trend, we can say that Hive price is close to the bottom. The height of monthy red candles is decreasing. We may see reversing up pattern on Hive price chart when it breaks up this great resistance.