Hedera Price Analysis: HBAR ETF Demand Cools, May Test Key Support at $0.10
Recently, the overall cryptocurrency market has weakened, and the price of Hedera (HBAR) has continued to be under pressure. Multiple rebound attempts have failed to form effective breakthroughs, reflecting a significant cooling of market risk appetite. In the context of cautious capital, the downward pressure on HBAR has further intensified, and investor sentiment is leaning towards defense.
From the demand side, ETF data has become an important variable affecting market expectations. Previously, with the successful launch of Bitcoin and Ethereum spot ETFs, the market once expected that some mainstream altcoins, including Hedera, would also gain similar institutional allocation opportunities. Hedera, with its enterprise-level application scenarios and relatively compliant network positioning, is seen as one of the potential beneficiaries.
From the demand side, ETF data has become an important variable affecting market expectations. Previously, with the successful launch of Bitcoin and Ethereum spot ETFs, the market once expected that some mainstream altcoins, including Hedera, would also gain similar institutional allocation opportunities. Hedera, with its enterprise-level application scenarios and relatively compliant network positioning, is seen as one of the potential beneficiaries.
