💥 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
US economic growth is expected to accelerate, chief economists optimistic about the outlook
According to ChainCatcher, Apollo Chief Economist Slock recently stated that, against the backdrop of the Federal Reserve adopting a wait-and-see stance, the growth momentum of the U.S. economy is building. Slock is optimistic about the U.S. economic outlook this year, predicting that the economic growth rate will surpass market expectations.
This forecast appears more optimistic than the market consensus. Slock’s view indicates that, although the Federal Reserve is temporarily maintaining stable policies, the underlying economic fundamentals remain strong. U.S. economic growth is expected to accelerate, reflecting the intrinsic support from key indicators such as consumption and investment.
Experts believe that this above-expectation growth outlook will have a positive impact on financial markets and policy decisions. The chief economist’s judgment is based on in-depth analysis of economic data and market trends, providing important insights into the future trajectory of the U.S. economy.