Hedera Hashgraph's HBAR token experienced a 5% decline, dropping from $0.22 to $0.21 between October 8 and 9, as regulatory uncertainty intensified due to the U.S. government shutdown. The token's volatility spiked to 5.4%, with significant selling pressure observed between 01:00 and 08:00 on October 9, driving trading volumes above 100 million units per hour. Analysts identified $0.22 as a resistance level and $0.21 as a support level. The market unease is attributed to the suspension of SEC operations, which has delayed ETF approvals. Canary Capital's HBAR and Litecoin ETF filings are currently pending, while Bitwise has responded by reducing Solana ETF fees and incorporating staking options to maintain competitiveness.