The analysis forecasts a significant bullish trend for Hedera (HBAR) through 2026, driven by several macroeconomic shifts. The current price of HBAR stands at approximately $0.1133. A primary catalyst is the conclusion of quantitative tightening by the US Federal Reserve on December 1, 2025, expected to inject substantial liquidity into financial markets. Further optimism stems from anticipated leadership changes at the Federal Reserve, with a potential new chair, Kevin Hassett, who is likely to favor lower interest rates. Historically, interest rate cuts have correlated with increased risk appetite and capital flows into the cryptocurrency market, fueling rallies. Additionally, the analysis notes that the cryptocurrency market has not yet experienced a widespread 'altcoin season' or a significant drop in Bitcoin dominance, suggesting the overall market cycle top is not yet in. Utilizing a Fibonacci price prediction tool, the analyst sets a base-case target for HBAR at the 1.618 Fibonacci extension level, indicating a price of approximately $0.97 by 2026. While HBAR has experienced a cumulative year-to-date decline of approximately 61%, these macro-fundamental factors are expected to reverse this trend. The analysis would be invalidated if HBAR's price falls below $0.09.