💥 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
Vitalik just sold 493 ETH, approximately $1.16 million — the first fragment out of 16,384 ETH, roughly $40 million, that was withdrawn from a personal wallet four days ago.
This marks the first move where Vitalik directly supports the Ethereum Foundation to nurture and strengthen the ecosystem.
Vitalik stated that over the next five years, the EF will enter a "belt-tightening" phase to achieve long-term goals of sustainability, decentralization, and core development.
He also emphasized that Ethereum is built for those who truly need it, not to serve large corporations. The open ecosystem Ethereum pursues is not a "pay $200/month to use API" model, but a truly open platform where technology serves users — not the other way around.
Stay strong, everyone, I believe in this passion 😬
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