HBAR investor sentiment fractures as price clings to $0.26 amid market tension

The price of HBAR, the native token of the Hedera network, has held steady around $0.26 despite diverging signals from traders and long-term holders. While bullish funding rates indicate strong leveraged long positions, the Chaikin Money Flow (CMF) suggests growing outflows, a sign that some investors are cashing out.

This tension in HBAR investor sentiment leaves the altcoin at a crossroads, with a potential breakout above $0.27 or a drop toward $0.22 depending on which side gains dominance.

HBAR investor sentiment: Bullish traders double down

Data from Coinglass reveals that HBAR’s funding rate has remained positive for over a month, with two notable spikes this week alone. This metric, which reflects the cost of holding leveraged positions, indicates that traders are heavily betting on further price appreciation.

“The sustained positive funding rate shows strong conviction among short-term traders,” — Alex Kuptsikevich, Senior Market Analyst at FxPro. “However, extreme optimism can sometimes precede a pullback as the market becomes overextended.”

Despite this enthusiasm, the HBAR investor sentiment isn’t universally bullish. The CMF, which measures money flow into and out of an asset, has dipped slightly—though it remains above neutral. This suggests that while some traders are piling into long positions, others are quietly exiting, creating a tug-of-war in price action.

Caution grows as profit-taking looms

The CMF’s decline hints at a shift in HBAR investor sentiment, with some participants locking in gains after the token’s recent climb to multi-month highs. If outflows accelerate, HBAR could face increased selling pressure, testing the $0.24 support level. A break below this threshold might trigger a steeper decline toward $0.22, undermining the current bullish narrative.

“We’re seeing classic divergence here—traders are optimistic, but the money flow data tells a more cautious story,” — Katie Stockton, Managing Partner at Fairlead Strategies. “This often precedes consolidation or a correction.”

HBAR’s immediate fate hinges on whether it can breach the $0.27 resistance. Success could propel it toward $0.30, reinforcing bullish momentum. Failure, however, may confirm fears of exhaustion and lead to a deeper retracement.

What’s next as HBAR investor sentiment remains divided?

The current standoff in HBAR investor sentiment reflects broader uncertainty in the crypto market. Key factors to watch include:

• Funding rate sustainability: Will long positions hold, or will profit-taking overwhelm the market?

• CMF trend reversal: A rebound in money flow could renew confidence, while further declines may signal more exits.

• Macro crypto trends: Bitcoin’s movement and altcoin season dynamics could influence HBAR’s trajectory.

For now, HBAR remains in a holding pattern, with its next major move likely dictated by whether bulls or bears seize control. Traders should monitor both on-chain and technical indicators for clearer signals on where HBAR investor sentiment is headed next.

Key points:

• HBAR investor sentiment is split: bullish funding rates vs. cautious CMF outflows.

• A break above $0.27 could target $0.30, while failure may lead to a drop toward $0.22.

• Analysts warn of potential overextension as traders pile into longs.