It's interesting that you discovered that HIVE is correlated the most with ETH, among the big caps. That means that if ETH will have a slow bull cycle, so might HIVE. But on the other hand, if ETH explodes at some point...
It's really interesting to look at these correlations and I'm not sure that being correlated to ETH is very positive but I think that it's always good to see the big picture before people start to blame the small fishes who are powering down 10 hive...
I appears that ETH going down a lot and RUNE as well was the main reason why LEO took a serious hit lately due to its main LPs being in those ecosystems or strongly connected to them.