Hedera's HBAR token dropped to $0.10, down 3% in 24 hours. Meanwhile, Bitcoin fell over 3% to around $66,230, Ethereum declined 5.3% to below $1,950. Due to declines in tech stocks and risk-off sentiment, overall market cautiousness has increased, putting pressure on altcoins. HBAR's trading volume decreased by over 5% to $137 million, indicating that sellers may have been exhausted. Technical analysis shows that HBAR's support level is around $0.088, with resistance near $0.12.
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Hedera's HBAR token dropped to $0.10, down 3% in 24 hours. Meanwhile, Bitcoin fell over 3% to around $66,230, Ethereum declined 5.3% to below $1,950. Due to declines in tech stocks and risk-off sentiment, overall market cautiousness has increased, putting pressure on altcoins. HBAR's trading volume decreased by over 5% to $137 million, indicating that sellers may have been exhausted. Technical analysis shows that HBAR's support level is around $0.088, with resistance near $0.12.