💥 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
Recently, market volatility has significantly increased, but on-chain data shows that long-term holding addresses are still growing. Personally, I believe we are in the early to mid-stage transition of a bull market.
A few key observations:
1. BTC ETF capital flow remains steady
2. Altcoin rotation is starting to become active
3. Market sentiment has not yet reached extreme FOMO
If a key resistance level is broken, capital may accelerate its return.
What stage do you think we are in the bull market? Share your thoughts in the comments.
#Gate广场发帖领五万美金红包