The price of Hedera remains under pressure as the weakness in the crypto market amplifies recent losses. HBAR continues in a downtrend after failing in several recovery attempts, reflecting the cautious behavior of investors.

The correction has been broadened by the decrease in demand, with ETF data showing little interest from both sector investors and traditional investors.

Hedera ETF does not impress

Spot crypto ETFs dominated market discussions throughout 2024 and early 2025. Some of the main altcoins were pointed out as next to follow Bitcoin and Ethereum in exchange-traded products. Among them, Hedera was seen as a strong candidate, driven by partnerships with companies and a regulated positioning.

However, recent ETF data points to the opposite. Less than two months after its launch, the Canary HBAR ETF recorded zero flow on December 22. This indicates limited appetite for exposure to HBAR both in the crypto market and traditional finance, further weakening sentiment.

The absence of demand for ETFs reduces one of the main bullish factors. Without institutional flow, HBAR lacks relevant support against selling pressure. This scenario reinforces concerns that initial optimism was more associated with speculation than with consistent capital allocation.

Technical indicators continue to deteriorate. The On-Balance Volume (OBV) has fallen to its lowest level in nine months, evidencing persistent distribution. The OBV measures whether volume favors buying or selling.

In the case of HBAR, the drop in OBV confirms that selling operations prevail in recent sessions.

A declining OBV line indicates that the volume on negative days exceeds the volume on positive days. This pattern suggests conviction behind the wave of selling. When declines are accompanied by volume, reversals become more difficult without a clear demand catalyst.

For HBAR, the OBV trend follows the broader downward movement. Selling pressure appears structural, not temporary. As long as the volume does not stabilize or enter positive territory, the risks of decline remain high even with transient attempts at consolidation.

The price drop of HBAR is expected to continue.

HBAR is trading near $0.111 at the time of this report, remaining below the resistance of $0.120. The token has been under a downward trend for more than six weeks. Under current conditions, recovering this level seems unlikely without a resumption of demand or improvement in market sentiment.

If selling pressure increases, HBAR risks losing support at $0.110. A stronger break could drive the price down to $0.099, prolonging the downward trend and reinforcing the bearish bias, which raises the chance of new losses.

Stability is possible if conditions improve, albeit modestly. Staying above $0.110 may allow HBAR to move sideways and gradually escape the downward structure. Even without breaking $0.120, a consistent period of consolidation would weaken the negative scenario and reduce immediate risk of decline.

The article 'Demand for HBAR ETF Plummets and May Drive Price Below $0.10' was first seen on BeInCrypto Brazil.