DeFi Market Overview - The DeFi sector remains substantial despite the market downtrend [1][2] - DeFi is evolving from a retail welcome mat to attracting institutional players [3] - Many top-tier DeFi projects, such as Ethereum and Hedera, are not categorized as DeFi projects [1] Hedera's DeFi Ecosystem - Hedera is considered undervalued, with potential for significant long-term growth [6] - CoinMarketCap includes Hedera in its first DeFi-enabled tradable index token, CMC20, holding over 7 million HAR [6] - Canary's HAR ETF holds approximately 49 million HAR, equivalent to almost $60 million [6] - Sasha Swap, Hedera's leading DEX, adopts MiCA-aligned structured disclosure, enhancing regulatory compliance and transparency [7] Technological Advantages of Hedera - Hedera uses hashgraph instead of blockchain, eliminating MEV and front-running, which is a significant advantage over Ethereum [8][11] - Hedera's enterprise-grade DLT ensures fair transaction ordering, attracting institutional DeFi [8] Growth and Expansion of Hedera's DeFi - Hedera's DeFi ecosystem experienced a strong quarter, with TVL rising 534% quarter-over-quarter to $1135 million, and DEX volumes nearly doubling [12] - Hgraph acquired ETA Swap and launched ETA Finance, unifying crosschain DeFi infrastructure [16] - Wrapped Bitcoin is now live on Hedera, facilitated by BitGo, with over $126000 Bitcoin in custody and a $13 billion market cap [20][21] - BitGo, a major custodian with $104 billion in assets on its platform and 93 million plus wallets created, partners with Hedera [23]

Core Insights - HBAR experienced a significant decline of 2.5%, dropping from $0.1518 to $0.1480 after breaching a key support level, which led to increased selling pressure [1] - The trading volume surged to 168.9 million tokens, marking a 94% increase above the average, indicating heavy institutional distribution [1][5] - Despite optimism surrounding Hedera's Wrapped Bitcoin integration aimed at enhancing DeFi capabilities, technical indicators remain bearish, with a crucial support level established at $0.1457 [3] Support/Resistance Analysis - Primary support is now at $0.1457 following a surge in volume rejection [5] - Resistance remains near $0.1488 after a sharp rejection on elevated volume [5] - The range-bound consolidation between $0.1460 and $0.1530 has been broken to the downside [5] Volume Analysis - A peak trading volume of 168.9 million tokens was recorded, which is 94% above the 24-hour simple moving average (SMA), marking a key reversal point [5] - A 180% surge in volume was noted during the breakdown, confirming a distribution pattern [2][5] Chart Patterns - A descending channel pattern has been confirmed, characterized by a series of lower highs [2][5] - The steepest decline phase saw selling pressure peak at 6.2 million tokens [5] Targets & Risk Management - The next major support target is set at $0.1457, based on volume analysis [5] - A risk management level is identified at $0.1465, which corresponds to the recent steep decline low [5] - Upside resistance is noted at $0.1488, a zone that has proven to be a rejection point on elevated volume [5]

🚨 NEW: Wrapped Bitcoin $WBTC expands to Hedera, bringing tokenized $BTC liquidity to the network's DeFi ecosystem. https://t.co/75ChAeWVoM ...

🚨JUST IN: WRAPPED BITCOIN, $WBTC, LAUNCHES ON @HEDERA NETWORK THROUGH COLLABORATION WITH @BITGO, @BITGLOBALTRUST AND @LAYERZERO_CORE ...

Buying & tokenizing.BTC supply on @base surpasses $2 billion.cbBTC is a wrapped version of BTC issued by Coinbase. https://t.co/pOLtHOTGwqBrian Armstrong (@brian_armstrong):Coinbase is long bitcoin.Our holding increased by 2,509 BTC in Q2, and we keep buying more. https://t.co/ztx10X2YXV ...

活动概要 - MetaMask Missions 第三周活动已上线[1] - 本周活动与 Polygon、BNB Chain、WrappedBTC 或 Compound Finance 合作[1] 奖池信息 - 本周奖池总额为 5000 美元的 WBTC 和 COMP 代币[1] 参与方式 - 用户可以通过完成指定任务参与活动[1]