💥 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
Shift in Scaling Strategy: Focus Back on L1
In a notable pivot, Ethereum's core developers have adjusted the "Rollup-centric" roadmap. While Layer 2s (like Arbitrum and Optimism) remain vital, there is a renewed push to upgrade Layer 1 directly.
New Tools: Implementation of Peer Data Availability Sampling (PeerDAS) to handle massive data loads required by modern decentralized apps without relying solely on external networks. $ETH #GateSquare$50KRedPacketGiveaway