If you're looking at the macro side of things, markets is definitely bouncing back not because things are looking good but more like it has to - after all that's happened in the past 1 year.
I believe most of us had been here during the last 1-2 cycle that can kinda recognize how sentiments are like prior to bull rallies / selloff and I bet what's happening right now feels familiar to some of us.
on the Hive side of things I think we're good, liquidity looks pretty much the same as it has been for the past couple of years and I am confident Hive is one of those altcoins that will stick around even if its no longer in the mainstream spotlight, like so many bitcoin forks and ICO coins that stuck around even after narratives changes.
If I have to guess, Hive will probably float with BTC / ETH price and go up in dollar terms if the market do rallies.
RE: Are the bulls back earlier than expected this cycle? What are your thoughts?