Spot Buyers Step In, Futures Sit Out — Can HBAR Recover?

Core Insights - HBAR is experiencing a modest recovery after a significant market crash, primarily driven by spot investors buying the dip [1] - The Futures market shows low confidence among traders, raising concerns about the sustainability of HBAR's rebound [1][2] Spot Market Analysis - Spot trading has seen a recovery, with HBAR gaining 14% since the crash and currently trading at $0.187, aiming to establish $0.188 as a support level [6] - Strong inflows from spot investors are indicated by a significant spike in the Chaikin Money Flow (CMF), suggesting accumulation by long-term holders and opportunistic buyers [4] Futures Market Analysis - HBAR's Open Interest (OI) remains stagnant at $202 million, reflecting skepticism among Futures traders following liquidations exceeding $200 million in a single day [2][3] - The lack of Futures market support could hinder broader price recovery and risks pushing HBAR back to $0.180 or lower [7] Technical Indicators - The CMF is approaching the 0.20 saturation mark, historically a level where inflows may slow, potentially leading to short-term headwinds for HBAR [5] - If HBAR receives renewed backing from investors, it could breach the $0.198 resistance, pushing towards $0.205 and signaling a return of bullish strength [8]