On Thursday, Hedera Hashgraph’s native HBAR token faced downward pressure, falling below several critical thresholds across multiple time frames. This decline coincided with a broader pullback in the global cryptocurrency market, which dropped to approximately $2.35 trillion. Despite these challenges, recent monthly data revealed that HBAR had managed to achieve a positive inflow of $2.12 million in March within the exchange-traded fund (ETF) sector, indicating a degree of resilience amidst a turbulent environment.
In March 2026, HBAR ETFs ranked as the fourth most successful among traditional stock markets, particularly noteworthy as many larger altcoins experienced significant withdrawals. Ethereum (ETH), Ripple (XRP), and Litecoin (LTC) faced substantial deficits, with Ethereum’s ETF suffering the largest outflow at $46 million, according to insights from SoSoValue.
For the U.S. spot crypto ETFs in March 2026, the total net flow reached an impressive $1.303 billion, pushing assets under management (AUM) to $102 billion. Notable inflows included $1.32 billion for Bitcoin (BTC) ETFs and $45.44 million for Solana ETFs, with HBAR ETFs managing to attract $2.12 million during the same period.
Despite this influx, trading activity for HBAR-based ETF items has largely stagnated on most business days, avoiding the impact of consecutive large outflows. Currently, cumulative ETF inflows for HBAR total $94.27 million, which, while considerable, still pales in comparison to XRP’s impressive accumulation of $1.21 billion. Notably, HBAR’s inflows surpass those of Dogecoin (DOGE), Litecoin (LTC), and Avalanche (AVAX) combined.
Hedera’s Distributed Ledger Technology (DLT) framework aligns well with a compliance-first approach in 2026, enhancing its positioning for bank integrations and facilitating SWIFT’s cross-border payment testing. However, analysts are expressing concerns about the lack of price appreciation, with critical support levels identified at $0.098 and $0.0785, based on Fibonacci Retracement analysis. The prevailing sentiment indicates that the market is still struggling to confirm a local bottom, as evidenced by the recent trend of lower highs and lower lows.
Current price action suggests ongoing uncertainty among cryptocurrency investors. The Chaikin Money Flow (CMF) remains below zero on various time frames, indicating a bearish outlook. In addition, liquidation trends have favored HBAR bears, with figures showing bearish sentiment at 0.94 for the long versus short ratio, reflecting a significant bearishness among Binance customers.
The most sensitive price zone for potential liquidations within HBAR remains between $0.090 and $0.092. A drop to the $0.0785 support level could clear excessive leverage, signaling a potential local bottom. Conversely, a recovery above $0.098 could indicate a shift towards bullish momentum, a crucial threshold that needs to be crossed for a reversal to occur.
Overall, while positive ETF inflows provide a long-term optimistic view for HBAR holders, the token’s price needs to establish a critical break above $0.098 to regain investor confidence and demonstrate a potential end to the current downtrend.
