💥 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
Crypto to the Left, AI to the Right
At Hong Kong's Crypto Consensus Conference, the biggest consensus surprisingly was AI.
The topics during the speeches on stage were great, but few people were listening in the audience, as everyone was complaining about the industry and the market. A crypto gathering, yet everyone is thinking about how to escape crypto.
On one side is the continuously declining market and endless bickering, on the other side are rising valuations, iterations, and the future.
The fork in the road has already arrived.
AI to the right because the world needs productivity; crypto to the left because the world isn't bad enough yet.
In fact, AI and crypto have never been on the same track. I've always believed that blockchain is not a technological product but a systemic one.
The core of crypto has always been decentralization, trust, and the redistribution of power.
I will always love Web3.