💥 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
Is the US rare metal strategy and the acquisition of Greenland a new geopolitical turning point?
America is currently setting the strategic goal of securing rare metal resources essential for the development of science and technology. Of particular interest is the consideration of acquiring Greenland, located in the North Atlantic. According to NS3.AI reports, this move is not merely about resource competition but is closely related to the economic environment where the international status of the dollar is wavering and the values of gold and silver are rising.
The Importance of Rare Metal Resources Supporting Technological Advancement
In modern technology industries, especially in the semiconductor and renewable energy sectors, maintaining industry operations without rare metals (such as rare earth elements) is difficult. The rare metal resources found in Greenland are becoming a central point in the global reorganization of supply chains. The background for the US aiming to secure resources while avoiding geopolitical risks involves intensified international competition with countries like China.
Dollar Depreciation and the Turning Point for Asset Preservation
Economist Peter Schiff points out that the US dollar and cryptocurrencies like Bitcoin may face future risks of value decline. In light of this currency instability, investors are once again turning their attention to asset shifts toward precious metals and diversification strategies. The rising prices of gold and silver are seen as reflecting demand for tangible assets as a hedge against inflation.
Growth Expectations in Global Stock Markets and the Energy Sector
Meanwhile, global stock markets are seeing increased growth expectations, particularly in energy-related sectors. With the rapid development of artificial intelligence (AI), electricity demand from data centers is surging, and the rapid adoption of electric vehicles is prompting a reorganization of energy consumption. As these factors create a synergistic effect, securing access to strategic resources, including rare metals, is becoming a top priority in the economic security strategies of various countries.