What the whales know and you ignore: The dark secret behind the "bounce" of HBAR 👺🌑
The big capital is turning its back on Hedera and that 11% bounce seems to be a trap to leave more than one caught. 📉 Although the price of HBAR tried to lift its head out of the water after hitting bottom on December 19, the reality is that real money (the whales' and institutions') is exiting through the back door. If it weren't for Bitcoin's shadow, this could get much uglier.
Here's the thing: HBAR has lost almost half of its value in the last three months. That recent small jump is nothing more than a breather in the middle of a free fall. What really worries is the Chaikin Money Flow (CMF), an indicator that tells us whether people are accumulating or releasing the token. The chart is clear: while the price is inching up a bit for the photo, the money flow continues to decline, breaking records of weakness. It's as if the ship is trying to move forward while having a huge hole in the hull. 🚢🆘
Here's the thing: HBAR has lost almost half of its value in the last three months. That recent small jump is nothing more than a breather in the middle of a free fall. What really worries is the Chaikin Money Flow (CMF), an indicator that tells us whether people are accumulating or releasing the token. The chart is clear: while the price is inching up a bit for the photo, the money flow continues to decline, breaking records of weakness. It's as if the ship is trying to move forward while having a huge hole in the hull. 🚢🆘
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
HBAR
0.10986
-3.83%