💥 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
In October 2025, Gate continued its strong growth momentum from the third quarter, fully implementing the "All in Web3" strategy and achieving significant breakthroughs across multiple dimensions such as core trading business, ecological product matrix, global compliance layout, and brand influence. This month, the platform's spot and derivation markets achieved success on both fronts. According to a CoinDesk report, Gate's spot market share increase ranks first globally, and the growth rate of the derivation market also ranks second globally. Meanwhile, the number of registered users worldwide has surpassed 44 million, further solidifying its leading position in the global encryption trading landscape.
In terms of ecological construction, Gate relies on the high-performance Layer 2 network Gate Layer to accelerate the establishment of a full-stack Web3 ecology. Gate Perp DEX's cumulative trading volume has exceeded 1.5 billion USD, and innovative products like Gate Fun and Meme Go have performed brilliantly. The incentive matrix, including Launchpool and HODLer Airdrop, continues to be popular, attracting hundreds of thousands of users to participate. At the same time, Gate Earn and quantitative fund management services are steadily growing in scale, and the successful launch of private wealth management business demonstrates the platform's strong competitiveness in serving high-net-worth users.
In terms of asset security and compliance, Gate continues to promote the GT deflation process, with a cumulative destruction ratio exceeding 60%; the platform's reserve ratio reaches 124%, covering nearly 500 types of user assets. In addition, Gate Group's Malta company, Gate Technology Ltd, has obtained the MiCA license issued by the Malta Financial Services Authority (MFSA), marking an important milestone in Gate Group's global compliance strategy. In terms of brand building, Gate continues to deepen its global brand influence through high-end crossover events such as the Gate x Red Bull themed reception, VVIP dinner, and the "Gate to FUTURUM" party in Dubai. The Gate Research Institute and Gate Academy have also consolidated their position as industry thought leaders through high-frequency, professional research reports and educational content output.
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👉 Gate.com/announcements/article/48202