HBAR Bulls Defy Gravity: Traders Double Down Amid 2-Month Price Slump

Hedera's native token hits rocky terrain—but the faithful aren't flinching.

While HBAR scrapes lows unseen since April 2025, trading volumes tell a different story. Whalescoop data shows open interest holding steady as leveraged longs pile in, betting against the downtrend like Wall Street degens at a crypto roulette table.

The contrarian playbook

This isn't your typical 'buy the dip' scenario. Network metrics reveal surging DApp usage even as price action stumbles—a classic case of fundamentals divorcing from market sentiment. Developers keep building while traders play chicken with support levels.

Market mechanics at work

Liquidity pools are seeing asymmetric flows, with more takers on the bid side than offers. That's trader-speak for 'we think this is a temporary discount.' Whether that conviction holds depends on whether the next institutional custody announcement moves the needle—or gets lost in the noise of another celebrity meme coin launch.

Bottom line: In crypto, irrational exuberance often outlasts rational pessimism. Just ask the guys still hodling their Luna bags.