Hedera HBAR Faces Bearish Pressure as Capital Outflows Intensify
HBAR bucked the broader market rally with a 2% decline, signaling mounting bearish pressure. The altcoin now hovers NEAR the brink of breaking its tight trading range as capital outflows accelerate.
Spot market outflows totaling $6.42 million over three days reflect deteriorating confidence. This exodus aligns with weakening demand, as HBAR's Chaikin Money FLOW indicator plunged further into negative territory at -0.07. The persistent capital flight indicates traders are exiting positions rather than anticipating a reversal.