Can HBAR Rebound Above $0.2212 After Drop to a 2-Month Low?
The post Can HBAR Rebound Above $0.2212 After Drop to a 2-Month Low? appeared on BitcoinEthereumNews.com. Hedera’s native token, HBAR, has dropped to a two-month low as bearish momentum weighs heavily on the market. Investor confidence in a near-term recovery has steadily eroded, with derivatives traders ramping up bearish bets against HBAR. This leaves the token vulnerable to a deeper decline. The question now is: what does this mean for HBAR holders? Sponsored Sponsored Traders Abandon HBAR, Fueling Risks of Deeper Declines HBAR currently trades at $0.2077, down 15% in the past seven days. This double-digit price dip has dampened sentiment across the token’s derivatives market, reflected by its plummeting futures open interest. According to Coinglass data, this sits at $350 million as of this writing, falling 26% since September 13. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR Futures Open Interest. Source: Coinglass Open interest measures the total number of outstanding futures or options contracts that have not yet been settled. When this figure rises, it signals fresh capital and trader participation flowing into the market. Conversely, a sharp decline—especially during a price dip like this— suggests that traders are closing positions and withdrawing liquidity from the asset. If the exodus continues, the lack of liquidity could worsen volatility and expose HBAR to more downside moves. Moreover, readings from HBAR’s Long/Short ratio show it leaning heavily toward shorts, indicating that traders are increasingly betting against HBAR. As of this writing, this stands at 0.86. HBAR Long/Short Ratio. Source: Coinglass Sponsored Sponsored The long/short ratio measures the proportion of long bets to short ones in an asset’s futures market. A ratio above one signals more long positions than short ones. This indicates a bullish sentiment, with most traders expecting the asset’s value to rise. However, as with HBAR, a ratio under means there…
The post Can HBAR Rebound Above $0.2212 After Drop to a 2-Month Low? appeared on BitcoinEthereumNews.com.
Hedera’s native token, HBAR, has dropped to a two-month low as bearish momentum weighs heavily on the market. Investor confidence in a near-term recovery has steadily eroded, with derivatives traders ramping up bearish bets against HBAR. This leaves the token vulnerable to a deeper decline. The question now is: what does this mean for HBAR holders? Sponsored Sponsored Traders Abandon HBAR, Fueling Risks of Deeper Declines HBAR currently trades at $0.2077, down 15% in the past seven days. This double-digit price dip has dampened sentiment across the token’s derivatives market, reflected by its plummeting futures open interest. According to Coinglass data, this sits at $350 million as of this writing, falling 26% since September 13. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. HBAR Futures Open Interest. Source: Coinglass Open interest measures the total number of outstanding futures or options contracts that have not yet been settled. When this figure rises, it signals fresh capital and trader participation flowing into the market. Conversely, a sharp decline—especially during a price dip like this— suggests that traders are closing positions and withdrawing liquidity from the asset. If the exodus continues, the lack of liquidity could worsen volatility and expose HBAR to more downside moves. Moreover, readings from HBAR’s Long/Short ratio show it leaning heavily toward shorts, indicating that traders are increasingly betting against HBAR. As of this writing, this stands at 0.86. HBAR Long/Short Ratio. Source: Coinglass Sponsored Sponsored The long/short ratio measures the proportion of long bets to short ones in an asset’s futures market. A ratio above one signals more long positions than short ones. This indicates a bullish sentiment, with most traders expecting the asset’s value to rise. However, as with HBAR, a ratio under means there…
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