💥 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
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"New Year is not only a symbolic beginning but also a moment when strategy meets opportunity, and the market opens space for decisions that shape the future outcome." To celebrate the Spring Festival, the Gate platform announced a large-scale series of campaigns as part of the Year of the Horse Festival.
The holiday initiative combines tools from the cryptocurrency and traditional markets, inviting users to participate in trading competitions, forecasts, bonus programs, and the distribution of multi-million dollar prize pools. The campaigns have already started and will run during specific periods in February–March 2026.
The Year of the Horse symbolizes hard work, endurance, and resilience. The horse is a diligent animal that is not afraid of difficulties and constantly moves forward, and this is how we approach our goals in trading and investing. Every action you take, every strategy and decision — is a step toward success, and Gate’s festive campaigns are designed to create opportunities to apply this principle in real time, rewarding activity and perseverance.
Within the official program, the following events are presented:
1. Gate 2026 – Spring Festival Celebration: Red envelopes and a horse racing carnival.
Daily receipt of GT red envelopes and participation in horse race forecasts with a prize pool of 100,000 USDT.
Period: 09.02.2026 12:00 – 01.03.2026 12:00 (UTC).
https://www.gate.com/uk/competition/year-of-horse-2026
2. Gate DEX – Continuous Trading Challenge.
Complete tasks to accumulate trading volume on DEX with a prize pool of 50,000 USDT.
Period: 10.02.2026 10:00 – 26.02.2026 10:00 (UTC).
https://web3.gate.com/campaigns/site-70
3. Global Asset Trading Challenge.
Trade futures, spot, ETFs, and convert traditional assets (stocks, indices, forex, precious metals, commodities) with a distribution of 50,000 GT across three leaderboards.
Period: 13.02.2026 08:00 – 16.03.2026 15:59 (UTC).
https://www.gate.com/uk/competition/traditional-assets-trading-challenge/g1
4. VIP – Spring Shower of Red Envelopes.
Upgrade your VIP status through assets, trading volume, or GT assets with a prize pool of 30,000 USDT.
Period: 13.02.2026 08:00 – 16.03.2026 15:59 (UTC).
https://www.gate.com/uk/campaigns/4057
5. Gate Bots – Update Event.
Participate in the bot strategy leaderboard with a distribution of 50,000 GT.
Period: 09.02.2026 08:00 – 26.02.2026 23:59 (UTC).
https://www.gate.com/uk/campaigns/bot-13?pid=TG&ch=qlET9OSS
6. CandyDrop – Limited Airdrop.
Complete tasks to get a share of 50 ETH.
Period: 12.02.2026 08:00 – 26.02.2026 08:00 (UTC).
https://www.gate.com/uk/candy-drop/detail/ETH-272
7. Conversion – Raffle.
Complete conversion tasks for a chance to win 100 GT and 100 USDT.
Period: 09.02.2026 10:00 – 22.02.2026 16:00 (UTC).
https://www.gate.com/uk/campaigns/4042
8. Conversion – Spring Rewards.
First conversion with a bonus of 20 USDT and a distribution of 50,000 USDT.
Period: 12.02.2026 08:00 – 26.02.2026 08:00 (UTC).
https://www.gate.com/uk/campaigns/4089
9. Gate ETF – Trading Championship.
Trade ETFs, participate in blind box draws, and share 100,000 USDT.
Period: 04.02.2026 11:00 – 28.02.2026 11:00 (UTC).
https://www.gate.com/uk/campaigns/4008
10. ETF – Limited Offer for New Users.
Bonus of 50 USDT for new ETF users and a distribution of 20,000 USDT.
Period: 13.02.2026 07:00 – 27.02.2026 07:00 (UTC).
https://www.gate.com/uk/campaigns/4088
The Year of the Horse festival campaign combines gamification elements, investment competitions, and reward systems, engaging both experienced traders and new market participants. Official terms, deadlines, and participation criteria for each event are available via the provided links.
And which of the presented campaigns do you consider the most strategically promising for yourself this year — considering risk, tools, and potential rewards?
#GateSpringFestivalHorseRacingEvent
#CelebratingNewYearOnGateSquare
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#GateSquareCreatorNewYearIncentives
#GateSquare
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