💥 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
⚡Artificial intelligence company Anthropic has raised another $30 billion, with the big players stacking their chips higher and higher——
In just 5 months, its valuation jumped from $183 billion to $380 billion, increasing by nearly $40 billion on average each month, even more impressive than OpenAI.
If you have even a little understanding of Silicon Valley's valuation logic, you'll think this is either a miracle or a new variation of a Ponzi scheme.
However, based on the past pace of tech bubble cleanups, in 5 years, only 3-5 general large model companies will remain active worldwide, while the others will either be acquired or go bankrupt.
Everyone is engaged in an AI arms race, and it all comes down to who will be the last to take the reins!