💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Donald Trump's signature resolves the fiscal deadlock in the U.S.
Donald Trump signed the government funding legislation in the Oval Office on February 4, ending the partial shutdown of the U.S. federal government that had halted various agencies since January 31. The signing by the American leader allowed for the resolution of a budget stalemate affecting the operation of multiple departments.
Legislative Approval of Federal Funding
The U.S. House of Representatives supported the measure on the same day through a vote, authorizing resource allocation for various federal departments for the remainder of the 2025 fiscal year. The approved bill guarantees funding until September 30, which marks the end of the U.S. fiscal year. This resolved the political dispute that had caused the temporary shutdown of government operations just over a week ago.
Differentiated Funding for Homeland Security
The Department of Homeland Security received special treatment in the legislation, obtaining only two weeks of initial funding. This limited allocation is due to the department being at the center of recent political controversies, particularly regarding immigration policies and law enforcement operations. The short-term temporary funding allows Congress to continue negotiating improvements to the department’s operations and policies over the coming weeks.
Outlook for Future Negotiations
This provisional solution paves the way for lawmakers to resume constructive discussions on optimizing departmental procedures. The agreement to sign the new law represents an intermediate step that keeps the federal administration active while discussions on immigration enforcement protocols continue.