Hedera (HBAR) is demonstrating an early rebound, joining other altcoins in recovery after the recent crypto market crash. HBAR's price has climbed over 9% in the past 24 hours, mitigating some of its 15% weekly loss, despite still being down 20% over the last three months. Technical and on-chain indicators now suggest a potential shift from a downtrend to an early recovery phase.
A key factor driving this potential turnaround is the significant cooling of HBAR's selling pressure since October 11. Exchange inflows, which represent tokens sent for selling, have plummeted by 88% from $4.43 million to just $517,000. This drastic reduction indicates that fewer traders are offloading tokens and that short-term panic selling has largely subsided.
Further supporting this positive shift, the Chaikin Money Flow (CMF), an indicator tracking larger wallet movements, has turned strongly positive, reaching around 0.10. This confirms that significant holders, or "whales," are actively adding capital rather than exiting. Notably, the CMF began rising before the HBAR price crash and did not dip during it, signaling sustained confidence among large holders. Conversely, the Money Flow Index (MFI), which reflects retail trading activity, is trending lower, suggesting weaker retail participation. This implies that whales are currently the primary force absorbing selling pressure.
The combination of easing exchange inflows, a rising CMF, and a softer MFI points to an early stage of accumulation, predominantly driven by large wallets preparing for a longer recovery phase. If retail investors re-enter the market in the coming days, the HBAR price rebound could gain further momentum.
HBAR's three-month, 20% downtrend shows signs of slowing. While prices are still below a descending trendline, the Relative Strength Index (RSI) is exhibiting bullish divergence. This pattern, where HBAR's price made a lower low between June and October but its RSI made a higher low, indicates that the pace of selling pressure is weakening. This suggests that whales are likely absorbing supply, easing the downward pressure.
For further confirmation of a turnaround, HBAR needs to break above the $0.22 resistance zone, which has capped previous recovery attempts. A successful move past this level could see HBAR push towards $0.25 and potentially even $0.30 in the near term. However, the current recovery remains fragile below the descending trendline. A drop below $0.16 would invalidate the bullish setup, exposing the next major support at $0.14 and risking deeper losses.
October 2025, Cryptoniteuae