$NEAR ran +18% overnight while Asia slept, on $333M of volume.
Binance 24h data: NEAR +17.88% at $3.75, $333M traded — more than SUI, ARB and ADA saw combined. Weekly gain now above 40%.
The catalyst is dated. On Sept 17 NEAR switched on confidential-by-default perpetuals, routing Hyperliquid's perps engine through a TEE bridge so a trader's public account is separated from their positions. Confidential Intents TVL crossed $70M and tripped the first incentive snapshot (CryptoBriefing).
The rest of the Asia L1 basket moved with it: $APT +21%, $SUI +9% on $100M. The level traders are watching is the $3.70 shelf NEAR gapped through — hold it and the rotation stays alive, lose it and the overnight buyers are underwater.
Korea and Japan are opening into this. Rotating into the L1 basket, or fading the gap?
#Write2Earn #Altcoins #알트코인 #アルトコイン #加密货币
Not financial advice. DYOR.
Binance 24h data: NEAR +17.88% at $3.75, $333M traded — more than SUI, ARB and ADA saw combined. Weekly gain now above 40%.
The catalyst is dated. On Sept 17 NEAR switched on confidential-by-default perpetuals, routing Hyperliquid's perps engine through a TEE bridge so a trader's public account is separated from their positions. Confidential Intents TVL crossed $70M and tripped the first incentive snapshot (CryptoBriefing).
The rest of the Asia L1 basket moved with it: $APT +21%, $SUI +9% on $100M. The level traders are watching is the $3.70 shelf NEAR gapped through — hold it and the rotation stays alive, lose it and the overnight buyers are underwater.
Korea and Japan are opening into this. Rotating into the L1 basket, or fading the gap?
#Write2Earn #Altcoins #알트코인 #アルトコイン #加密货币
Not financial advice. DYOR.
