💥 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
🚨 Crypto Market Shake-Up: Massive Liquidations Hit Hard 🚨
The crypto market just witnessed a strong liquidation wave in the last 4 hours, signaling heavy volatility and panic moves by over-leveraged traders.
📊 Key Highlights (Coinglass Data):
💥 Total liquidations: $333 million
🔴 Long positions wiped: $327 million
⚡ ETH liquidations: $138 million
🟠 BTC liquidations: $74.6 million
📉 What does this mean?
This massive long liquidation suggests that many traders were overconfident on bullish positions, and the sudden price drop triggered stop-outs across the market. Such events often reset leverage and can lead to short-term volatility or even a potential bounce after weak hands are flushed out.
🧠 Trader Insight:
High liquidations = risk management failure.
Smart traders wait for confirmation, not hype.
⚠️ Trade safe. Use proper stop-loss. Leverage responsibly.
#CryptoNews #Bitcoin #Ethereum #Liquidation