💥 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
According to SoSoValue data, as of February 13th Eastern Time, the total net inflow of Bitcoin spot ETFs is $15,202,900. Yesterday, the Bitcoin spot ETF with the highest single-day net inflow was Fidelity (Fidelity) ETF FBTC, with a net inflow of $11,985,100. The total net inflow of Ethereum spot ETFs is $10,264,700, and the Ethereum spot ETF with the highest single-day net inflow yesterday was Grayscale Ethereum Trust ETF ETH, with a net inflow of $14,508,800.