💥 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
❕ Trump’s Crypto Policy Pushes EU to Accelerate Digital Euro
Trump’s pro-crypto stance, favoring USD-backed stablecoins, is raising concerns in Europe over financial sovereignty. The European Stability Mechanism warns that increasing reliance on U.S. stablecoins could weaken the euro’s global role. In response, the ECB is fast-tracking its digital euro initiative, with testing set for Q2 2025. Meanwhile, Trump’s executive orders continue to support crypto expansion, including a Strategic Bitcoin Reserve, while the ECB remains opposed to Bitcoin in its reserves.