💥 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
Whale strikes again, increasing ETH holdings by a large amount to 80,115 tokens
【ChainWen】Onchain data tracking organization OnchainLens has discovered that a whale address 0xfb7 recently made a large purchase of over 20,000 ETH from the FalconX exchange, with a transaction value of approximately $59 million. After this transaction, the whale’s total Ethereum holdings surged to over 80,000 ETH. Based on the current price, this asset scale has approached $237 million. Such large buy orders are often closely watched by market participants, as changes in whale holdings are usually seen as an important indicator of market sentiment.