HBAR Price Enters Consolidation As Hedera Pulls Away From Bitcoin

Source Beincrypto

Hedera’s HBAR is moving sideways after several days of muted trading, reflecting the broader market’s lack of clear direction. 

Despite this stagnation, HBAR holders appear increasingly active in shaping momentum, with early signs showing a potential shift away from bearish pressure. 

Hedera Is Not Willing To Follow The King

The Chaikin Money Flow (CMF) indicator is showing a sharp uptick, signaling a rapid slowdown in outflows. This trend is notable because it suggests that selling pressure is easing meaningfully. As investors pull back from offloading tokens, sentiment gradually shifts toward a more constructive outlook.

If the CMF continues improving and crosses above the zero line, HBAR will officially register net inflows. Such a shift would highlight renewed confidence among traders and provide fuel for upward price movement. Sustained inflows often coincide with strengthened momentum, which could help HBAR break out of its current range.

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HBAR CMFHBAR CMF. Source: TradingView

HBAR’s declining correlation with Bitcoin offers another important signal. After remaining tightly correlated with BTC for more than three weeks, the metric has now slipped to 0.62. This decoupling means HBAR is becoming less dependent on Bitcoin’s trend and may be preparing to chart its own direction.

This divergence could prove beneficial because Bitcoin remains directionless and has yet to establish a clear recovery path. If HBAR continues detaching from BTC while investor sentiment improves, the altcoin may outperform the broader market and capture independent upside momentum.

HBAR Correlation To BitcoinHBAR Correlation To Bitcoin. Source: TradingView

HBAR Price Can Continue Moving Sideways

HBAR’s price is down 5% in the last 24 hours, continuing its rangebound movement between $0.150 and $0.130 for nearly three weeks. This sideways action is likely to persist unless a strong catalyst emerges. Still, the improving CMF signals a potential shift building beneath the surface.

If HBAR capitalizes on strengthening investor support, it could bounce from the $0.141 local support level and retest $0.150. A successful breakout above this barrier would open the path toward $0.162, supported by rising inflows and reduced selling pressure.

HBAR Price Analysis. HBAR Price Analysis. Source: TradingView

However, if investor confidence weakens again, HBAR may slip toward the key $0.130 support. Losing this level would invalidate the bullish-neutral outlook and expose the price to a decline toward $0.125.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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