HBAR Bears Crowd the Trade: $4.5M Liquidation Risk Above $0.114
HBAR faces a $4.5M short liquidation risk if the price rises above $0.114, amid negative sentiment and capital outflows.Summary
Hedera (HBAR) is struggling to regain momentum, with derivatives data showing significant risk for short traders if the price moves up. A cluster of short positions is situated near $0.114, threatening about $4.5 million in liquidations that could force rapid buybacks. Current market positioning is skewed bearish, reflecting negative sentiment.
Macro indicators like the Chaikin Money Flow (CMF) confirm net capital outflows over the last two weeks, suggesting investors are reducing exposure rather than accumulating, which pressures the price.
HBAR is currently trading around $0.108, near the critical 23.6% Fibonacci retracement level. Defending this level is crucial for recovery; failure could lead to a drop toward $0.102. Conversely, reclaiming the 23.6% level could push the price toward $0.112, and clearing $0.115 would likely trigger the short squeeze, invalidating the bearish outlook.
(Source：BeInCrypto)