What is this excess, my son? The maker was the only one buying after 165. And the majority bought below. And the supports were far away, very normal, but selling is selling and buying is buying.
LIVE
Jack Sparrow 17
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$HBAR bulls have taken a hit, with $3.74M in long positions liquidated as the price retraced to $0.33221.
This sharp move downward has shaken confidence, signaling that bears aren’t ready to back down just yet.
What Triggered the Drop?
1. Resistance Rejection: HBAR faced heavy selling pressure near key resistance levels, halting the rally.
2. Bearish Momentum: Increased sell orders pushed the price lower, triggering a cascade of long liquidations.
