Hedera HBAR has been experiencing a period of consolidation in December, leaving investors uncertain about the cryptocurrency's next move. January started with a hint of optimism as HBAR showed bullish signs, yet price recovery remains elusive. A significant surge in open interest was observed, but it hasn't translated into expected price momentum.
The ongoing struggle for price rebound indicates a complex dynamic in market trends, with spot flows still predominantly bullish, yet failing to bring about a significant upward shift. This creates a scenario where investors must stay cautious, weighing the factors that might influence HBAR's market position.
Source : www.thecoinrepublic.com ↗
