Hedera (HBAR) Struggles Amid Persistent Selling Pressure and Declining Open Interest
Hedera's native token HBAR continues its downward trend, trading at $0.153 as of July 5, 2025. The 5.38% daily drop reflects ongoing bearish control, with technical indicators signaling weakening momentum and reduced speculative interest.
Market activity shows concerning patterns: trading volume spiked early before falling to $162.37 million, while the price failed to rebound from session lows NEAR $0.152. The lack of significant buying pressure indicates traders are waiting for external catalysts before re-entering positions.
Hedera's market cap now sits at $6.49 billion, with the network's performance aligning with broader altcoin market struggles. Decreasing open interest and absent bullish participation create challenges for any near-term recovery.