💥 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
Germany Faces Public Transport Paralysis Due to Verdi Union Strike
Multiple German cities and municipalities are facing severe disruptions to their public transportation services this Monday as a result of a strike called by Verdi, Germany’s second-largest union. The labor organization has mobilized transportation workers to demand substantial improvements in their working conditions, initiating an action that will affect tens of thousands of users.
The Root Causes: Extreme Work Pressure in the Transportation Sector
Christine Behle, Verdi’s vice president, explained in official union statements that public transportation employees face unsustainable work pressure. According to her analysis, workers in the sector endure long hours, complex shift systems, and constantly tight time constraints. This situation has led to high turnover rates and difficulties attracting new skilled technicians to the industry. The union leader emphasized that improvements in working conditions are urgently necessary to reverse this negative trend and strengthen the sector.
Specific Demands: What Verdi Is Asking for in Collective Bargaining
In the context of collective negotiations taking place across Germany’s sixteen federal states, Verdi has presented a clear set of labor demands. According to Jin10, the union’s claims include: reduction of weekly working hours, shortening of shift durations, significant extension of rest periods between shifts, and increases in bonus pay for night and weekend work. These demands represent the interests of approximately 100,000 workers across 150 municipal transportation and bus companies nationwide.
Scope of the Action and Its Limitations
The strike led by Verdi will have a considerable impact on urban transportation, but with an important exception: long-distance train operations managed by Deutsche Bahn, the state railway company, will remain unaffected. This distinction is relevant because it allows users to still have some travel options, although local urban transportation will experience significant disruptions during this labor action.
The strike reflects broader tensions in the European public transportation sector, where balancing operational sustainability with legitimate demands for improved working conditions remains an ongoing challenge for authorities and transport operators.