💥 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
SpaceX Proposes Deploying 1 Million Satellites to Boost Orbital Data Inference
SpaceX has just revealed to the U.S. Federal Communications Commission (FCC) its bold plan to deploy approximately one million satellites around the planet. According to Jin10, the company submitted the application this week, describing the project as a space computing network specifically designed to support large-scale data inference and advanced artificial intelligence applications that require continuous real-time processing for billions of global users.
Unprecedented Constellation Architecture
The document submitted by SpaceX outlines a transformative vision of the orbital data center concept. The company argues that to provide the processing power needed for data inference and computational analysis of information in a distributed manner across the planet, an unprecedented constellation of satellites operating in sync is required. These satellites would be deployed in multiple narrow orbital layers, each with a maximum thickness of 50 kilometers, creating a redundant and efficient structure that would ensure availability and speed in accessing computational resources from any point on the globe.
Transforming Global Data Inference
The proposal represents a paradigm shift in how processing capacity for data inference is distributed worldwide. By placing computing centers in orbit instead of relying solely on terrestrial facilities, SpaceX aims to reduce latency, improve redundancy, and offer a truly decentralized computing platform. This satellite constellation with revolutionary computational capabilities marks a strategic bet by the company in the era of dominant artificial intelligence.