The HBAR price has been sliding down all day, and the chart is pretty clear about this. Losing an important support level, Hedera has been drifting lower, with traders trying to decide whether this is just another shakeout or the start of something deeper.
For now, it certainly appears to be a combination of market-wide panic, technical weakness, and shifting ETF flows all coming together at once, with HBAR caught in the middle.
The Market Pulled Back and HBAR Simply Followed
The main reason the HBAR price is down today has nothing to do with Hedera itself. The entire crypto market corrected hard, with the total market cap falling more than 5%.
Since HBAR has a Bitcoin correlation of roughly 0.76, any sharp move from BTC ends up dragging Hedera with it, and that’s exactly what happened.
Bitcoin fell below $100000 amid a strengthening U.S. dollar and higher yields, which typically drives traders away from risky assets.
As a result, major altcoins all took a hit. SOL fell almost 9%, AAVE dropped more than 13%, and HBAR mirrored the same weakness.
Sentiment didn’t help either; the Fear & Greed Index crashed into Extreme Fear, the lowest point since March 2025. When traders panic, altcoins are usually the first to get sold, and that’s what we’re seeing now.
HBAR Lost Support, and Momentum Flipped Bearish
The HBAR chart added its own problems to the mix. The HBAR price fell below the 0.162 support level, which had remained strong for weeks, and once it cracked, sellers immediately pushed it straight toward the 78.6% Fibonacci retracement.
The breakdown pulled momentum into negative territory, and the MACD histogram is still deep in the red.
The 7-day RSI near 38 shows the pair is approaching oversold territory, but it’s not enough to flip sentiment yet.
Traders are watching $0.155 very closely. That’s the 2025 low. If the HBAR price loses that level, the chart points toward $0.12 as the next major zone.
For the bulls, the key is getting back above $0.175, the 200-day EMA, as this would be the first sign of a real recovery.
ETF Flows Aren’t Helping During This Risk-Off Period
Even ETF activity has turned into a headwind. Hedera-linked ETFs did great in October with more than $76 million flowing in, but that momentum didn’t carry into November.
Bitcoin ETFs, on the other hand, saw more than $3.4 billion in outflows over the last few weeks. When institutions pull back like this, altcoins tend to suffer the most.
Retail interest has also cooled off. The Canary HBAR ETF charges a 1.95% fee, which is one of the highest in the crypto ETF space. When markets turn cautious, those costs matter, and many traders simply don’t want to pay that premium right now.
What Happens Next for HBAR?
HBAR is dealing with a cluster of negative factors all at once: a broad crypto correction, a clean technical breakdown, and shrinking liquidity from both institutional and retail participants.
The next big question is whether the HBAR price can stabilize in the $0.15– $0.16 area. If that zone holds, there’s a chance the market can build a base for recovery.
But if Bitcoin stays shaky and the macro pressure continues into the Fed’s December 10 meeting, HBAR could test new lows for the year.
A lot now depends on BTC’s stability and the SEC’s upcoming decision on the HBAR ETF, which is expected on November 25. Any positive surprise could help steady the HBAR price, but for now, the trend is leaning bearish.