HBAR, the native token of Hedera, has been on a steady uptrend recently, grabbing the attention of investors. The price rally has led to increased trading activity, but traders, especially those with short positions, may face significant liquidation risks.

The Chaikin Money Flow (CMF) indicator indicates strong inflows into HBAR, suggesting bullish investor sentiment. The CMF has risen above zero for the first time since December 2024, indicating robust demand.

The continuous inflows suggest that investors are injecting funds into the asset, supporting the price surge. With the CMF turning positive, the probability of sustained growth for HBAR rises, given that the broader market remains bullish.

Traders holding short positions in HBAR are at peril as the price moves upwards. The liquidation map for HBAR tracking short positions reveals that traders betting against the asset could incur substantial losses if the price keeps climbing. At the current price of $0.19, close to the critical resistance level of $0.22, breaching this level could trigger approximately $70 million worth of short positions to be liquidated, adding further upward pressure. This situation underscores the fierce competition between bullish investors and bearish traders.

Short traders who were against HBAR are now vulnerable, as the overall market sentiment is propelling the altcoin upwards. The growing momentum driven by strong inflows is likely to catch many short positions off guard, compelling them to liquidate. If this liquidation happens, it could result in a sharp increase in the price of HBAR, reinforcing its bullish stance.

HBAR is presently trading at $0.194, just below the crucial resistance level of $0.200. The altcoin has displayed consistent growth in the past month, and with the current positive market sentiment, it is anticipated to continue its upward trend. A successful breach above $0.200 could confirm the bullish momentum and pave the way for further advancement.

If HBAR manages to turn $0.200 into a support level, a rise to $0.220 is expected, triggering the liquidation of $70 million in short positions. This would create more upward pressure, speeding up HBAR’s price movement and potentially driving it higher in the short term.

However, if HBAR fails to uphold its upward trajectory and drops below the uptrend line, the price might fall below the $0.182 support level. Such a decline could bring HBAR down to around $0.167, negating the current optimistic outlook. Hence, traders must carefully monitor these critical levels to gauge the next moves in HBAR's price action.