In an unfortunate move for the Hedera die-hards, HBAR just took a serious nosedive. 

The token just demolished its bullish flag pattern and cratered back towards support.

Bulls are scrambling, and that sweet all-time high looks more distant than ever.

The Market Isn’t Helping

While HBAR's having its moment, the broader crypto market is giving off some serious red flags. 

Momentum has gotten shockingly weak, and traders are starting to look nervous.

All that flirting with $100K looks less like a reason to celebrate repeatedly and more like validation that we’re heading lower to regain some strength. 

The Number Behind The Chaos

Funding rates are bouncing around like a crypto YouTuber's predictions – one minute positive, the next negative. 

Nobody seems to know exactly what's going on, but there’s an emerging consensus that it isn’t pretty.

And if there's one thing traders hate more than losing money, it's uncertainty.

The RSI just hit a three-month low, dipping below the neutral 50.0 mark, and while that tends to mean we’re not overbought nor oversold, it doesn’t exactly inspire conviction that momentum is in our favor for new all-time highs. 

How Bad Is It Really?

HBAR has been on the decline since 2025 kicked off.

It’s down over 20% so far, and while that matches the broader market, the technical pattern this crash invalidated stings particularly hard. 

It’s a disheartening scenario for long-term holders and painful for those who predicted that the bullish flag would mean sweet, sweet upside. 

HBAR could continue its fall to $0.182 before it hits support, which would erase the gains from that 684% pump we saw in late 2024. 

But there's still hope. If HBAR can reclaim $0.25 (a big if given the recent crash) and somehow punch through that stubborn $0.33 resistance, we might see the reversal so many are hoping for. 

Good Time, Far Gone

HBAR pulled off a massive 684% surge between November and December 2024 – it was shaping up to be everyone’s golden child of the run. 

It validated all the fundamental work the Foundation was doing behind the scenes. 

Those were good times, but unfortunately, they’re firmly in the rearview. 

When we hit $0.57, everyone thought they were geniuses. 

Those same brain-bloated wizards are checking charts every five minutes and pretending they’re in it for the tech.

Time Will Tell

There's no sugar-coating that HBAR's chart looks about as healthy as a diet of ice cream and pizza. 

Sure, it could unexpectedly bounce back, but it first needs to prove it can hold support levels, which isn’t all that supportive now.

For now, it might be best to keep some dry powder ready and remember the old wisdom that sometimes, the best trade is to wait and see.