This is a futures trading chart of HBAR/USDC on Binance, visualized in TradingView. It represents the price behavior of HBAR (Hedera) against USDC on a 30-minute timeframe. Let's break it down:

### Chart Details:

1. Overview:

- Pair: HBAR/USDC (perpetual futures).

- Current Price: 0.17385 USDC (equivalent to 0.17372831 USDC as the last price).

- 24h Volume: 6.32M HBAR (1.10M USDC).

- Timeframe: 30 minutes (each candle represents 30 minutes of activity).

2. Price Chart (candles):

- Candles: Green candles indicate price increases, red candles indicate decreases.

- Price Range: Ranges from 0.17100 to 0.17385.

- Technical Indicators:

- EMA Cross (Exponential Moving Average Cross): Represented by two lines (blue and red). The blue line (faster EMA) crosses the red line (slower EMA), which can indicate trend changes. A cross upward suggests a bullish signal; a cross downward, bearish.

- Trend: The price rises to a peak near 0.17385 around 10:00, then falls to 0.17100 near 15:00, and recovers slightly towards the end.

3. Volume:

- Volume Bars: Show buy/sell activity. Taller bars indicate greater activity.

- Analysis: There are significant spikes in volume during drops (like at 15:00), suggesting selling pressure.

4. RSI (Relative Strength Index):

- Range: Ranges from 40 to 58.

- Interpretation: An RSI below 30 indicates oversold (potential bullish bounce); above 70, overbought (potential bearish correction). Here, the RSI is in a neutral range but falls toward 40 during the price drop, indicating a possible support point.

5. TradingView Summary (below):

- Today: +1.48% (the price has increased today).

- 7 days: -5.87% (drop over the week).

- 30 days: -3.28% (drop over the month).

- Sentiment: Bearish in the short term, but with a slight bounce today.

### Context:

- Perpetual Futures: These are contracts that have no expiration date, used to speculate on the price of HBAR. Traders can operate with leverage, which amplifies gains and losses.

- HBAR: It is the native token of Hedera Hashgraph, an alternative blockchain network known for its high speed and low fees.

### Conclusion:

The chart shows a volatile behavior of HBAR/USDC throughout the day, with a predominant bearish trend (drop from 0.17385 to 0.17100) followed by a slight recovery. The RSI indicates that the asset is neither overbought nor oversold, but the selling pressure (volume and red candles) suggests caution. EMA crosses and volume can be useful for identifying entry or exit points, but the overall short-term sentiment is bearish according to the 7 and 30-day data.

-----

The presented graphs correspond to the perpetual futures market of HBAR/USDC on Binance, during the period from June 3, 2025, from 05:30 to 20:00. Let's analyze each one to understand how funding rates and other indicators reflect the behavior of the HBAR market.

### 1. Funding Rate (Base)

- Left Y-axis (Futures Price): Ranges from 0.17145 to 0.17557 USDC.

- Right Y-axis (Funding Rate): Ranges from -0.000030 to 0.000005.

- Analysis:

- The funding rate indicates the cost that traders pay or receive for holding open positions in perpetual contracts. A positive rate means that longs (buyers) pay shorts (sellers), and a negative rate means the opposite.

- During the day, the funding rate mostly fluctuates in negative territory (around -0.00002 to -0.00003), suggesting that short traders are paying long traders. This implies a predominant bearish sentiment, as there is more selling pressure.

- The futures price (yellow line) shows volatility, with a peak around 09:00 (0.17557) and a notable drop around 16:30 (0.17145), before a slight recovery.

- Conclusion: The negative funding rate and the falling price suggest that short traders dominated the market, likely anticipating a drop in HBAR's price.

### 2. Taker Buy/Sell Volume

- Left Y-axis (Volume): Ranges from 0 to 249.769K.

- Analysis:

- The taker buy volume (green) and sell volume (red) measures the aggressiveness of traders executing orders at market price.

- There are significant spikes in sell volume (red) around 13:30 and 16:30, coinciding with the price drops observed in the first chart. This indicates strong selling pressure at those times.

- The buy volume (green) also increases at certain points (like at 13:30), but is surpassed by sales, reinforcing the bearish trend.

- Conclusion: The spikes in sell volume confirm that traders were more inclined to sell HBAR, contributing to the price drop.

### 3. Average Long/Short Positions

- Left Y-axis (Percentage): 0% to 100% (proportion of long and short positions).

- Right Y-axis (Long/Short Ratio): Ranges from 2.01 to 2.11.

- Analysis:

- The chart shows the proportion of long positions (green) against short positions (red) and the average Long/Short ratio.

- Throughout the day, short positions (red) dominate, occupying more than 50% of the market, while long positions (green) remain below. The Long/Short ratio ranges from 2.01 to 2.11, indicating that for every short position, there are approximately 2 long positions, but shorts are more significant in terms of volume or value.

- There is an increase in short positions around 16:30, coinciding with the price drop and the spike in sell volume.

- Conclusion: The dominance of short positions reflects a bearish sentiment, with traders betting that HBAR's price will continue to fall.

### 4. Open Interest

- Left Y-axis (Open Interest): Ranges from 8.9M to 9.1M.

- Right Y-axis (Notional Value): Ranges from 1.5M to 1.6M.

- Analysis:

- Open interest measures the total number of open (not closed) futures contracts. An increase indicates new interest or capital inflow, while a decrease suggests position closures.

- Open interest grows from 05:30 (8.9M) to a peak of 9.1M around 12:30, then drops sharply around 16:30 (coinciding with the price drop and increase in sell volume), and recovers slightly toward 20:00.

- The notional value (white line) follows a similar trend, indicating that the value in USDC of open positions also fluctuates with price.

- Conclusion: The spike in open interest at 12:30 suggests the entry of new traders or capital, but the subsequent drop indicates a massive closing of positions, likely due to selling pressure and falling prices.

### General Summary for HBAR:

- Market Sentiment: Predominantly bearish. The negative funding rate, dominance of short positions, spikes in sell volume, and the drop in open interest during peak selling pressure indicate that traders expected a decrease in HBAR's price.

- Price Movement: The price of HBAR/USDC fell from a high of 0.17557 to a low of 0.17145, with a slight recovery at the end of the day.

- Trading Activity: There was significant selling activity, especially around 13:30 and 16:30, which drove the bearish trend.

- Recommendation: Traders should keep an eye on funding rates and buy/sell volume to confirm whether the bearish trend continues. A shift to positive rates and an increase in long positions could signal a trend change.

If you need more details or a deeper analysis, let me know.#hbar #HBARUSDT #tasasdeinteres $HBAR

Now apply what you've learned in your trades and improve your level of #trading 💪