HBAR Dips Below $0.110 as Traders Cut $36M in Fleeing Sell-Off

HBAR Traders Withdraw $36 Million As Price Hits 2-Month Low

HBAR, the native token of the Hedera Hashgraph platform, is seeing a sharp exodus of capital as its price continues to slide toward a two-month low. Traders have withdrawn approximately $36 million from the token in recent weeks, reflecting deepening pessimism about its short-term trajectory. The decline has been exacerbated by a prolonged downtrend that has failed to produce any meaningful recovery.

The token has lost 21% of its value over the past nine days, with the price falling below $0.110 as of Wednesday. This level marks a key psychological threshold, and a further drop toward $0.099 could intensify losses and trigger more selling pressure. Investors appear to be avoiding exposure as the token struggles to attract fresh buyers.

Futures data shows mounting bearish sentiment, with open interest dropping sharply from $140 million to $104 million in just four days. The decline suggests traders are liquidating leveraged positions, signaling a lack of confidence in a near-term rebound. The move underscores broader hesitancy to take on risk amid the token's weak price action.

Bearish Momentum and Technical Signals

HBAR is now firmly in oversold territory, with the Relative Strength Index (RSI) slipping below 30. This condition typically indicates exhaustion among sellers, and historically, it can attract value-focused buyers. However, confirmation of a reversal will depend on broader market conditions and the token's ability to stabilize.

Technical analysis suggests the bearish trend could extend unless the price reclaims the $0.110 level. A sustained break above $0.125 would invalidate the current bearish outlook and signal a potential trend reversal. Until then, traders are likely to remain cautious, and the token's performance will hinge on whether it can attract new liquidity.

The prolonged downtrend has also reduced participation in Hedera futures, further suppressing volatility-driven recoveries. As open interest continues to decline, it becomes increasingly difficult for the token to generate the momentum needed to reverse its trajectory.

What This Means for Investors

HBAR's struggles highlight the challenges facing smaller altcoins in a risk-off market environment. While larger cryptocurrencies like Bitcoin and Ethereum have seen mixed performance, altcoins are particularly vulnerable to shifts in sentiment. The recent outflows from HBAR underscore the fragility of altcoin markets, where liquidity and institutional support are less robust.

For investors, the key consideration is whether the current price level offers an attractive entry point or if it signals further deterioration. A rebound would require not only strong on-chain activity but also a broader improvement in market conditions. Given the token's history of underperformance, many traders are waiting for clearer signals before committing capital.

Analysts remain cautious but acknowledge that oversold conditions could eventually attract buyers looking for value. However, without a broader turnaround in the crypto market, the outlook for HBAR remains bearish in the near term.