The HBAR asset faces significant bearish pressure following reports of a total absence of inflows in its main exchange-traded fund during recent sessions. According to analyst Aaryamann Shrivastava, Hedera ETF demand has recently collapsed, leaving the asset in an extremely vulnerable technical position. This situation occurs in a context where institutional optimism seems to have completely vanished today.
The current quote for Hedera is near $0.111, trading well below its key resistance of $0.120. On the other hand, SoSoValue data reveals that the Canary HBAR ETF recorded zero inflows on December 22. Likewise, this lack of institutional appetite reduces the support necessary to sustain the price against current selling pressure. Therefore, the asset lacks financial buffers against potential additional drops in the short term.
Technical indicators reinforce the narrative of persistent distribution among the currency’s large holders. The On-Balance Volume (OBV) has fallen to its lowest level in nine months, which confirms absolute dominance of sellers over buyers. Because of this, market confidence is weakened after weeks of negative returns. Nevertheless, the Hedera ecosystem continues to bet on enterprise partnerships to try to reverse this structural bearish trend.
Signals of technical capitulation in the Hedera market
The absence of positive flows in regulated financial products suggests that the initial speculation has ended abruptly. Furthermore, the fact that there are no net inflows indicates that traditional investors prefer to stay on the sidelines for now. Therefore, the bullish momentum generated by the launch of exchange-traded funds has almost entirely dissipated. However, some analysts suggest that sideways consolidation could offer an accumulation opportunity for network believers.
The market structure of this cryptocurrency shows that volume on down days far exceeds that of recovery days. This implies that there is real conviction behind the liquidations observed on global exchanges. Likewise, the inability to recover higher levels suggests that the bearish bias is deeply rooted in current sentiment. In this way, the risks of a prolonged fall remain high if liquidity does not return soon to the ecosystem.
Will the $0.110 support be able to prevent a major collapse?
If selling pressure intensifies, the HBAR price runs the imminent risk of losing the $0.110 support. A decisive break of this level could quickly send the valuation toward the $0.099 zone. Therefore, maintaining this psychological level is vital to avoid a major technical disaster this year. On the other hand, if the market manages to stabilize, a phase of lateral consolidation would allow for a breather before attempting new rallies.
In the future, Hedera’s recovery will depend directly on a change in risk perception and the return of Hedera ETF demand. Without a clear demand catalyst, the path of least resistance remains downward for this digital asset. Likewise, monitoring the $0.10 level will be fundamental for all investors in the coming weeks. Finally, the environment suggests that only a massive entry of institutional capital could invalidate the current crash scenario.
