$HBAR

HBAR Spot Depth Insight | December 7, 2025

🚀 Key Highlights: Why is the long-term narrative still strong?

1. Institutional progress achieves a key leap:

· HBAR spot trading products (ETP) have been launched on major investment platforms.

· The first tokenized HBAR ETP has completed trading on the Hedera blockchain.

This marks HBAR's formal entry and regulatory validation in the traditional financial system, bringing it a whole new imagination space for incremental funding.

2. Government-level cooperation demonstrates core potential:

Georgia is exploring migrating its national real estate registration system to Hedera. This is not just an ordinary corporate collaboration but a groundbreaking attempt to tokenize sovereign-level real-world assets (RWA), validating its network's ability to handle high-value, highly compliant applications.

3. Short-term technical rebound emerging:

The MACD indicator shows signs of forming a golden cross at a low level, and both the 6-period and 12-period RSI have risen above 50. This indicates that after a sharp decline, the technical conditions for a short-term oversold rebound are accumulating.

⚠️ Key Risks: Why is the short-term precarious?

1. Price has broken down, and the trend remains bearish:

After a 10% plunge, the price has clearly broken below the key support of the trading dense area and is operating below all major long-term moving averages. This confirms that the bearish trend has technically taken absolute dominance.

2. Facing the Fibonacci abyss test:

The current price is $0.1308, testing the support at $0.129 (0.5 Fibonacci retracement level). If this level is breached, the next target will directly point to $0.098 or even $0.067, with significant potential downside.

3. Market sentiment is weak and divided:

Although institutional progress brings long-term confidence, the community is more concerned about the current technical breakdown and price plunge. This divergence indicates a lack of consistent buying consensus to withstand selling pressure.

💬 Community Sentiment and Market Stage

Community sentiment is severely polarized: one side firmly believes in the long-term value of institutional adoption and government cooperation; the other side is deterred by the brutal technical breakdown and continuous selling pressure.

Follow me, as I position the life and death line of HBAR in the clash between institutional narrative and technical breakdown.