💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
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🚨 Market & Project Update 🚨
According to Gate News Bot, the official announcement from Form confirms that the FORM1 Mainnet will cease operation on August 15, 2025.
At the project’s request, Gate will delist all FORM1-related trading markets on September 23, 2025, at 10:00 (UTC+8), including the FORM1/USDT spot trading pair and quantitative grid trading.
Deposits for FORM1 have already been closed, and after delisting, Gate will no longer support FORM1 deposits or trading services.
FORM1 on Gate is supported only via ETH chain contract tokens.
🔗 More details: Official Blog
Meanwhile, the crypto market is under heavy pressure. On September 22, 2025, Bitcoin (BTC) dropped to $111,760, breaking below the key $115,000 support level. This sharp decline triggered:
📉 A loss of $77B in total crypto market cap.
❌ Over 400,000 traders liquidated, with losses totaling $1.7B.
Despite the macroeconomic uncertainty and panic-driven sell-offs, on-chain data and historical cycles suggest that long-term holder sentiment remains neutral. The market now stands at a critical inflection point that may decide its next major trend.
⚡Stay alert. Big moves could be ahead.
#Crypto Market Pullback #Dogecoin ETF Update #Try C2C Shield Today