HBAR Market Update as Buyers React to Weekly Wick and Derivatives Shifts

Weekly Structure and Market Response

HBAR shows a market attempting to stabilize as buyers respond to a strong weekly lower wick. The candle structure reflects renewed interest at a familiar zone after weeks of downward movement.

The weekly chart shows HBAR reacting around a key horizontal level after sellers pushed price beneath the zone. CryptoPulse noted that buyers reclaimed the area before the close, forming a clear lower wick. This reaction suggests demand remains active even while the broader structure still leans downward.

The pivot has served as support and resistance across 2023 and 2024. HBAR repeatedly interacted with this level during several cycles, which adds to its relevance as a structural reference. The latest bounce reflects continued attention from market participants who track this level closely during periods of trend exhaustion.

Since the middle of the year, HBAR has been moving downward with a downward series of highs and lows. The new candle does not alter the bigger trend but is the indicator of the slowing momentum. The wick presents a constructive signal while confirmation still depends on shorter time frames where structural shifts often begin.

Intraday Performance and Market Flow

HBAR as of writing traded near $0.1478 following a 9.5% daily gain. The intraday chart indicates that there was a steady trend of increasing highs and increasing lows throughout the session. The move peaked to around $0.155 and then reverted into a regulated level. Buyers remained active, keeping HBAR above the lower boundary near $0.1344.

The upward progression involved brief pauses, each followed by renewed continuation. These pauses reflect measured participation instead of volatile spikes. Volume reached $492.6 million, showing heightened activity as HBAR advanced through the day. The asset maintained its structure even after the peak cooled.

HBAR’s circulating supply stands at 42.47 billion, close to its maximum of 50 billion. This near-complete circulation reduces uncertainty around dilution. The intraday movement shows that buyers continue to support HBAR as the market recovers from prior corrective phases.

Derivatives Behavior and Funding Trends

The OI-Weighted Funding Rate chart shows shifting sentiment around HBAR during recent weeks. Early September held mild positive funding while HBAR climbed steadily. Long-side exposure remained cautious yet supportive during this period.

Funding then shifted toward neutral and slightly negative levels through late September. These movements often appear when buyers reduce leverage as momentum softens. HBAR moved sideways during this period, mirroring the adjustment seen in the funding structure.

Around October 10–12, funding dropped sharply into deep negative territory. This move indicated aggressive short exposure as HBAR broke below prior levels. The event appeared isolated, as both funding and price later recovered. After this period, HBAR moved within a narrow band where funding remained close to neutral. This pattern shows reduced leverage and measured positioning as traders wait for clearer direction.