Hedera HBAR Weathers Institutional Storm with Late-Session Rebound After 6% Plunge
HBAR dropped 6.29% to $0.22 between September 21-22 as institutional sellers dominated trading, with volatility spiking to 9.7%—significantly exceeding monthly averages. Resistance solidified at $0.235-$0.24, triggering cascading liquidations across the market.
The peak selling pressure occurred around midnight on September 22, when volumes tripled to 137.11 million HBAR, reflecting broad cryptocurrency market pessimism. The token found temporary stability near $0.2197 before a liquidity-driven rebound pushed it to $0.2225 in the final hour, fueled by a 6.21 million volume surge.
Market dynamics highlighted HBAR's sensitivity to institutional capital flows, with abrupt volume collapses indicating fragile equilibrium. The session's whipsaw action demonstrates the growing divergence between algorithmic trading strategies and retail investor sentiment in cryptocurrency markets.