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Hedera HBAR Faces Intensifying Bearish Pressure as Social Metrics Decline Sharply
Hedera HBAR Faces Intensifying Bearish Pressure as Social Metrics Decline Sharply
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[TRADE_PLUGIN]HBARUSDT,HBARUSDT[/TRADE_PLUGIN]
Hedera HBAR News -
Hedera's HBAR token has dropped 12% amid a broader altcoin retreat, with on-chain metrics indicating deepening bearish sentiment. HBAR's social dominance has plummeted 55% over the past month to 0.74%, reflecting declining retail interest. The Smart Money Index similarly trends downward as institutional holders reduce exposure.
Market analysts note the absence of typical September recovery patterns for HBAR. The altcoin's weakening technical structure raises concerns about its ability to withstand additional selling pressure. Historical data suggests such significant declines in social metrics, when combined with smart capital outflows, often precede extended downturns.
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