Oh, Hedera, you had us at “enterprise partnerships,” but now you’re just another crypto drama queen under pressure. 👸💔 The crypto market’s like, “Girl, bye,” and HBAR‘s like, “But I tried to recover!” 😢 Multiple attempts, zero success. Investors are side-eyeing you like a questionable TikTok trend. 👀
And let’s talk about that ETF demand-or should I say, the lack thereof. It’s drier than a Liz Lemon burn. 🔥 ETF data says, “Nope, not interested,” and both crypto bros and traditional finance folks are like, “Hard pass.” 🚫
Hedera ETF: The Fizzle Heard ‘Round the World 🥳✨… Oh Wait, No One Cares
Remember when spot crypto ETFs were the hot gossip of 2024? Everyone thought Hedera would be the next big thing, like the Mean Girls of crypto. But turns out, it’s more Fetch than Regina George. 🐑 Bitcoin and Ethereum are like, “We’re the plastics, and you’re sitting alone at lunch.” 🥪
The Canary HBAR ETF launched with all the fanfare of a Tuesday night at a dive bar. 🎉 Zero inflows on December 22? Ouch. That’s like showing up to a party and realizing no one RSVP’d. 😬 Traditional finance and crypto markets are swiping left on HBAR faster than a bad dating app profile. 👎
Without institutional inflows, HBAR’s like a plant without water-wilted and sad. 🌱💔 Earlier ETF optimism? Probably just people mistaking it for a meme coin. 🤡
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Technical indicators? More like technical disasters. 📉 On-balance volume is at a nine-month low, which is basically HBAR’s version of hitting rock bottom. 🪨 OBV is like, “Yeah, no one’s buying this.” Literally. 📉
Declining OBV? That’s the crypto equivalent of a breakup text. 💔 “It’s not you, it’s me… actually, it’s totally you.” Sell-side activity is dominating like a boss, and reversals are about as likely as a Jack Donaghy apology. 🙅♂️
Falling OBV line? Volume on down days is out here flexing like it’s the CEO of Bad News Inc. 💼 Without a demand catalyst, HBAR’s stuck in a downtrend deeper than a 30 Rock plot hole. 🕳️
HBAR’s Downtrend: The Never-Ending Saga 📉🍿
HBAR’s trading at $0.111, which is basically the crypto version of “still in the friend zone.” 🤝 $0.120 resistance? More like $0.120 “I’ll never get over you.” 💔 Six weeks of downtrend and counting-someone call Guinness, this might be a record. 🏆
If selling pressure keeps up, $0.110 support is about to say, “Peace out.” ✌️ A breakdown to $0.099? That’s not a dip, that’s a full-on faceplant. 😵💫 Bearish momentum is like that one coworker who always brings up your mistakes-annoying and relentless. 🙄
Stability? Sure, if pigs could fly and HBAR could hold above $0.110. 🐷✈️ Sideways movement would be a win at this point, like settling for a participation trophy. 🏅 Even without breaking $0.120, consolidation would be the crypto equivalent of a “We were on a break!” excuse. ☕
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2025-12-23 11:32