💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Spot crypto ETFs recorded massive withdrawals toward the end of the year, losing about $4.57 billion across November and December, including $1.09 billion in December alone. That makes it the roughest two-month period for these ETFs since they launched in January 2024. Still, analysts say the market isn’t breaking down. Instead, weaker holders are exiting while better-capitalized players are stepping in to absorb the supply. For now, prices are tightening as both buyers and sellers wait for fresh liquidity expected to return in January.