Hedera (HBAR) is experiencing significant price pressure, currently trading at $0.1317, a 57% decline from its 2025 peak. This downturn comes amid a broader crypto market slump. Despite this, the Canary HBAR ETF has seen substantial inflows, totaling $80.2 million, with $797,000 added on December 2.
Technical analysis indicates potential further declines for HBAR, with a critical support level at $0.1266. If breached, the price could target $0.0528. Meanwhile, HBAR's spot trading volume has decreased significantly to $160 million from $1.8 billion, and futures open interest has fallen to $131 million from $427 million in July.
Hedera Faces Pressure Despite $80M HBAR ETF Inflows
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
