💥 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
Many people say that everyone was badly hurt by the altcoins in this round.
In the next round, everyone will buy Bitcoin (大饼) instead of altcoins. Will this affect Bitcoin's price increase?
I believe most people still won't buy $btc
mainly because Bitcoin is expensive, unaffordable, and has low awareness. Instead, they will buy the best-performing coins this round like SOL and BNB,
just like last time when they bought ETH and DOGE,
because in 2021, the best performers were DOGE and ETH,
but this round, they far outperformed Bitcoin,
so in the next round, everyone will buy the most profitable coin this round, SOL,
and there's a high chance that the next round won't beat the hype of BTC and BNB, which are doing well!