💥 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
Polymarket's "BTC 5-Minute Price Movement Market" trading volume reaches $25.2 million
Mars Finance News: Blockworks researcher Kunal Doshi posted on X that Polymarket’s newly launched 5-minute BTC market generated $25.2 million in trading volume within 40 hours of launch. The average trading volume per window is approximately $52,000, accounting for 10% to 20% of the 15-minute market turnover. Data shows that 7.1% of unique addresses purchased both Yes and No within a single window, while only 4.2% of addresses did so across more than 50 windows. Although the number of such addresses is small, they account for 7.5% of total trading volume and 23.4% of total trades. Of these, 92.6% of orders are from buyers, and 72.3% are filled via limit orders. These addresses are profitable in 80% of the windows, with the median transaction price for Yes and No being $0.9823. Currently, the market exhibits early arbitrage behavior; if structural liquidity is introduced, the 5-minute market’s trading volume is expected to surpass that of the 15-minute market.