Crypto analyst Tom Trades thinks Hedera’s price might take off soon. He looked at several signs: how Bitcoin is performing in the market, current trading conditions, and the way people are buying and holding HBAR.
In his latest video, Tom talked about how the market has been pretty quiet, with Bitcoin not moving much in either direction. Based on what he’s seen in past market cycles, he believes altcoins might be getting ready for a big move up, which could be great news for HBAR’s price.
He points out that crypto prices have been flat across the board, without any major ups or downs. Bitcoin has been stable, keeping within a tight range. But here’s what’s interesting: Bitcoin’s share of the overall crypto market is starting to drop. Tom says this often happens right before smaller cryptocurrencies start to climb. Looking at past market data, when Bitcoin’s dominance falls, altcoins tend to rise, and Hedera’s price could benefit from this shift.
Tom noticed this same thing happened in previous bull markets: Bitcoin’s share of the market would peak and then fall significantly. If history repeats itself, we might see altcoins surge. He suggests keeping an eye on Bitcoin’s market share – if it drops below 50%, that could spark movement across the whole crypto market.
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What you'll learn 👉
HBAR Accumulation Strategy
Hedera has remained in an accumulation phase, with its price fluctuating within a narrow range. The analyst pointed out that the asset has been relatively slow-moving, experiencing only minor changes over the past week. Tom explained that this consolidation period presents a buying opportunity for those looking to accumulate before a potential breakout.
A three-level entry strategy was suggested, with potential buy zones at $0.22-$0.23, $0.17-$0.18, and $0.11-$0.12. The analyst explained that dollar-cost averaging across these levels would help mitigate risk while positioning investors for potential upside. He also mentioned that HBAR’s price could surge toward $0.40, $0.60, or even $1 if the altcoin season plays out as expected.
Moreover, while accumulation remains a focus, Tom also outlined possible selling strategies. They suggested taking profits gradually, with initial targets at $0.26-$0.27. For those holding long-term, higher price points such as $0.50, $0.90, and even $1 were identified as potential exit levels. Historical resistance levels and Fibonacci retracement levels were used to justify these targets.
Tom Trades also highlighted the role of market liquidations, noting that a large number of short positions remain open. If crypto prices rise, these short positions could get wiped out, which might send prices shooting up quickly. He emphasized that having a clear plan for when to sell helps traders make more money while keeping their risks in check.
HBAR Market Outlook for the Coming Days
Looking ahead, the analyst expects this week to bring increased price action, predicting a short-term spike in Bitcoin’s price. However, Tom cautioned that weekend trading typically remains slow. Where HBAR’s price goes next will probably follow what’s happening in the wider crypto market and whether Bitcoin stays steady.
If other cryptocurrencies keep gaining steam, the analyst thinks more investors might start paying attention to Hedera too. Tom encouraged traders to remain patient, emphasizing that historical patterns suggest a bullish phase may be on the horizon.
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