RE: HIVE won't keep going down forever
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I think there are still a few post split holders selling - those who never planned to stay here - and they're dumping what they've got left. Just a hunch.
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Maybe, but if you look at many of the altcoins out there, they are all getting hit pretty hard these last couple months, so it's not really HIVE specific. Though, that being said, HIVE definitely has been hit harder than many of them.
Yes, you're right. I should have mentioned how important it is to remember that it is not HIVE specific, as you say, but the exaggerated panic, the overshoot, is due to dumpers I think.