HBAR ETF Demand Collapses, Leaves Price Vulnerable To Crash Below $0.10
Summary
Hedera's (HBAR) price is under sustained pressure, exacerbated by collapsing demand for its recently launched spot ETF, which recorded zero inflows recently. This lack of institutional interest removes a key bullish catalyst, suggesting earlier optimism was speculative.
Technical indicators also point to continued weakness, with the On-Balance Volume (OBV) falling to a nine-month low, confirming that selling pressure dominates recent trading sessions. This structural selling pressure makes a reversal difficult without a clear demand catalyst.
HBAR is currently trading near $0.111, below the $0.120 resistance. If selling intensifies and the $0.110 support is lost, the price risks crashing toward $0.099, reinforcing the bearish momentum.
(Source:BeInCrypto)