💥 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
ETH valuation doesn't reflect its value
ETH is trading at a $234B valuation. meanwhile, the ecosystem built on top of it is valued at $293.5B
most of this ecosystem is largely shifting to stablecoins (non volatile assets), funds, vaults, and sticky liquidity
whenever valuation falls below TVL, these are excellent buying opportunities