Hedera's HBAR Faces Potential Price Crash Amidst Critical DeFi TVL Decline

The price of Hedera's native token, HBAR, is under pressure, facing a potential significant downturn. This comes as a crucial metric for its decentralized finance (DeFi) ecosystem, the Total Value Locked (TVL), has plummeted to critical lows not seen since early July. Technical indicators also suggest a bearish outlook for the cryptocurrency.