HBAR Price Drops 4.2% to $0.173 as ETF Hype Fades - Technical Analysis

HBAR cryptocurrency experienced a significant 4.2% price decline, falling to $0.173 amid fading ETF speculation and increased technical selling pressure. The digital asset's downturn reflects broader market sentiment shifting away from recent ETF excitement as traders implement technical selling strategies. Market analysts observe that the decline in HBAR price coincides with reduced institutional interest in cryptocurrency ETF products, prompting technical traders to capitalize on the downward momentum. The current price movement suggests potential further consolidation in the near term as the market digests the changing ETF landscape and technical indicators point toward continued selling pressure.