This research explores the impact of cyclic uniaxial transverse deformation on an in-line hollow-core fiber etalon. The structure consists of a 6 mm long section of hollow-core fiber spliced between two standard single-mode fibers. The optical response of the structure is theoretically analyzed in spectral and transformed domains, evidencing Fabry-Perot and antiresonant interferometric mechanisms. A validation of the theoretical behavior is carried out both through simulation and experimentation. The performance of the structure for uniaxial transverse deformation is subsequently evaluated by tracking the phase of the main component in the transformed domain. Several sensors with different internal diameters underwent cycles of transverse deformation, revealing robust linear trends in every case. On average, the structure demonstrated elastic behavior under deformations up to 42 µm, with a mean sensitivity of 0.174 rad/µm, and mechanical breakage taking place at 58 µm. The results confirmed the suitability of the sensor to withstand uniaxial micro-displacements or pressures, with smaller inner diameter capillary fibers showing the best performance.