HBAR saw sharp selling pressure on Oct. 3, with momentum intensifying in the final hour of trading. After briefly reaching $0.224, the token fell to $0.222, breaching key support and ending the session down 0.9%.
The steepest drop came between 13:50 and 14:00, when volumes spiked above 3 million, signaling institutional distribution and panic-driven selling. Repeated failures to reclaim $0.224 leave HBAR vulnerable to further downside toward $0.220.
Across the broader 23-hour period from October 2 to 3, HBAR dropped 3.6% from $0.23 to $0.22 on surging volume of 51.3 million, underscoring heavy institutional participation in the selloff.
Despite near-term weakness, attention remains on a potential SEC decision in November on spot crypto ETFs. With backing from governing council members like Google and IBM, Hedera could benefit from regulatory approval even as its technicals point to ongoing pressure.
Technical Metrics Indicate Ongoing Weakness
HBAR formed a distinct downward trajector
We współpracy z: https://www.coindesk.com/markets/2025/10/03/hbar-faces-sharp-selloff-as-technical-breakdown-deepens-bearish-trend
