HEDERA HBAR - Retests With New Reports?! Hedera Passes Test! Becomes Major Sponsor!

Added: 2026-05-13

[00:00:01]So, even though we had a nice run-up last week and the market has started kind of red here for this week so far.

[00:00:08]Uh, we still kind of remain in this neutral range. The market isn't really making any hasty decisions so far. Now, obviously like I talked about in my ADA video earlier today, that could definitely change today because again, this the today is the day where everything kind of kicks off for the week. Uh, but I do want to go over a couple Hedera related updates. Do want to actually talk about two big days that just took place which have been more of the sizable ones in months. We'll discuss all that and more. So, again, if you're new or haven't already, make sure you like, comment, subscribe, show your support for the channel down below. But, just taking a look at the the market overall, we can see that we're still floating in this neutral range. And the alt-season index or altcoin index, >> [clears throat] >> we're still sitting at 50 of the top 100 assets outperforming BTC over the last 90 days. Average crypto RSI is at 50.

[00:00:56]So, you can see that it's basically neutral, neutral, neutral, even, even, even. Everything right now is kind of in a state of calm. Now, it's not going to stay that way. Crypto never stays that way.

[00:01:09]When things do get quiet, when volume calms down, you do tend to get these bouts of volatility and that's what I think we're going to see in the not-so-distant future. Now, obviously yesterday we closed on a red note for HBAR. We were down 0.5%. We're down 2.4% today so far. We're just kind of mimicking what BTC is doing right now.

[00:01:28]Everything is very closely tied to BTC.

[00:01:30]BTC dominance, again, just continues to stay pretty flat over the past several days because again, the market has been waiting for this morning's CPI report for tomorrow's PPI report, for the Clarity Act voting on on uh Thursday, for more announcements surrounding the US and Iran. And obviously you guys can, you know, check out some of my updates from earlier in my Cardano video if you want to hear more in-depth analysis on that. Uh, but I I to go [clears throat] over something that I thought was really interesting here.

[00:01:58]Uh yesterday and today so far have been two of these more sizable exchange supply removal days for HBAR as of late.

[00:02:07]Um which you know, isn't really saying a whole lot because again yesterday was 1.32 million dollars in outflows. Uh today so far is about 800,000 dollars in outflows. But it's showing you that even when times get quiet, even when we're seeing red, you're watching good accumulation. You're watching people actively buying the dip. This period that we've watched here, where things have been kind of quiet, basically specifically since February. This has been a net negative in terms of exchange flows. So you've seen more HBAR actually leave exchanges than fall back to exchanges. You've also seen exchange uh uh institutional player holdings on the rise. You've seen whale holdings on the rise. So these are all really good signs even as it looks like we've done absolutely nothing in terms of price.

[00:02:49]You've watched long-term accumulation, which I think is a really big deal. It's something that doesn't necessarily impact the charts immediately, but it makes a much bigger impact long-term when we're talking about uh a ways out, 6 months, a year, 5 years, right? Now, that being said, let's go over just a few things here. So the Bank of England official says Hedera improved transaction finality in testing, a key requirement for the one What is that? 100 Is that trillion? Yeah, 100 trillion dollar global settlement industry, which again is a very big deal. We've talked about the progress that has been made uh in in regards to uh is it Swift?

[00:03:28]Might be Swift.

[00:03:30]Can't remember. There's so much news now. Um the the testing that is taking place that is getting uh Hedera on the global infrastructure level has all been positive, right? You need to pass the tests if you want to become a piece of long-term infrastructure when you're trying to bridge that world from Web 2 to Web 3. And Hedera has been making major strides in in that regard. Now, another big announcement as well, Hedera just secured a major seat at the global financial table. The enterprise grade DLT is officially sponsoring the OMFIF Digital Money Summit 2026 in London this month.

[00:04:05]OMFIF has been [clears throat] respected respected voice for years openly discussing XRP, digital assets, CBDCs, and the future of global finance. It sounds like Hedera is going to be at this event obviously, have a booth there, open up many of these discussions. Great to see that type of engagement taking place, getting out into the public, bringing people up to snuff on what Hedera is doing, the big strides that have been made this year so far. So, that that's kind of where we're at on that front. Now, I do want to go back to the charts here for just a moment because I didn't get to talk about a couple things. Uh if we're taking a look at HBAR [clears throat] on the daily here, we can see that very clearly it it's possible that we could be swinging back down towards that 100-day moving average. That would not surprise me with many assets around the crypto market because the breach of the 100-day is so significant. A lot of times there is just hesitancy that comes with that. Uh I saw somebody say it maybe it wasn't an HBAR related video comment, but you know, typically re clean breakouts don't happen. You tend to have retracements, which is true. Um until unless you have you know, short leverage liquidations or um a complete euphoric adoption moment, which we're not at that point right now, right? Uh you know, leverage around the market while it can be weighted to the short side, it's it's still is not at some of the levels like we saw in in um October of 2020 uh five. God, I'm forgetting what years we're in right now. Uh anyways, we're not at insane leverage levels, but we are hitting some new local highs like I talked about in my earlier ADA video. So, there is still hesitancy. There is still uncertainty. There will be retests.

[00:05:46]There will be red days in the market.

[00:05:48]But, if you haven't noticed, the red days haven't been as bad lately, and the green days have been a little bit better. Seen a lot of bullish engulfing candles. We've seen a lot of bullish formations taking place. We're cutting through a lot of this resistance just a little bit easier than we had been in prior months. So, we got to watch that.

[00:06:07]We have to watch obviously BTC cuz if BTC doesn't hold these ranges, retest at the 20-day is very likely, which is down at about 79k right now. Um and we'll see if the market obviously freaks out comes the come the CPI report this morning.

[00:06:19]But, I appreciate you guys. I hope you enjoyed the video. Let me know your thoughts below, but have a great day.

[00:06:25]Catch you guys in the next one. Take care.