💥 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
Vitalik hasn't finished releasing ETH yet. Over the years, I've only seen Vitalik and the Ethereum Foundation constantly selling, almost never buying. Do they really have such little confidence in Ethereum? They're even less optimistic than Yi Lihua, who has a more positive stance on Ethereum. I’ve always had a question: TOM LEE bought so much Ethereum, why doesn’t he create his own public chain? If he likes the Ethereum model, why not just fork Ethereum directly, then bring in a few core Ethereum developers to set up his own project and pump the price? Wouldn’t that be better than just giving Vitalik money? You say Ethereum has a rich ecosystem, but as long as something is EVM-compatible, it can be migrated to EVM. Then, by pumping the price, you attract users. With users on the chain, the ecosystem can naturally develop. If your chain has an ecosystem but no users, projects will keep unlocking tokens and selling, causing the price to drop further. Confidence among users diminishes, public chains become less used, creating a vicious cycle.