$HBAR is putting on a masterclass today, surging over 35 percent to hit 0.126 while the rest of the market struggles with $BTC falling below 83,000. The catalyst is a big one. IBM has validated the IDTrust platform for its cloud marketplace, which essentially bridges Hedera technology with massive enterprise infrastructure. This news sent trading volumes up by more than 700 percent as the price cleared the stubborn 0.107 resistance level.
The rally is also getting fuel from reports that Hedera is appearing on ETF watchlists and benefiting from new AI-related interest. While the momentum is undeniable, the daily RSI has spiked above 80. This suggests we are in overbought territory, and we have already seen some minor liquidations as the price touched 0.128. It is common to see a quick retest of previous highs after such a vertical move.
I view this as a significant shift in Hedera market position. The combination of enterprise validation and record-breaking volume shows real accumulation. I am watching the 0.107 to 0.11 area to see if it flips from resistance to solid support. If the bulls hold this ground, the path toward 0.15 looks open. The crowd is currently 56 percent long, showing a healthy balance despite the parabolic move.
$ETH
The rally is also getting fuel from reports that Hedera is appearing on ETF watchlists and benefiting from new AI-related interest. While the momentum is undeniable, the daily RSI has spiked above 80. This suggests we are in overbought territory, and we have already seen some minor liquidations as the price touched 0.128. It is common to see a quick retest of previous highs after such a vertical move.
I view this as a significant shift in Hedera market position. The combination of enterprise validation and record-breaking volume shows real accumulation. I am watching the 0.107 to 0.11 area to see if it flips from resistance to solid support. If the bulls hold this ground, the path toward 0.15 looks open. The crowd is currently 56 percent long, showing a healthy balance despite the parabolic move.
$ETH
