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HBAR Rebounds to $0.18 as Analysts Warn of Bull Trap and Bitcoin Link

With tokens largely fully released, future pricing hinges on demand growth.

Overview

  • HBAR has climbed for three sessions to roughly $0.18, lifting its market value above about $7.6 billion, according to crypto.news.
  • Chart signals point to fragile momentum, with a death cross and price still below key resistance near $0.206, leaving a slide toward $0.150 possible if upside fails.
  • Hedera’s correlation with Bitcoin sits near 0.92, indicating the next leg likely tracks BTC’s direction, BeInCrypto reported.
  • Sentiment has fallen to an all‑time low and on‑chain activity remains modest, with DeFi TVL around $183 million and stablecoin supply near $103 million.
  • Analysts highlight rising‑wedge and cyclical‑top patterns that often precede corrections, while the near‑complete circulating supply points to a zero‑inflation, demand‑driven phase.