NEAR is up about 13% today, but the interesting part isn’t the green
candle.
Bitwise’s $NEAR ETF registration became effective on Sept. 24, and its shares were registered for NYSE Arca under ticker NRR. That’s a real regulatory milestone, not another vague “#etf filing” headline.
NEAR is around $5.07 on #Binance after trading as high as roughly $5.15. Meanwhile, a recent #Hyperliquid snapshot showed funding at just 0.0013% per hour despite heavy open interest.
That matters. Price has repriced hard, but leverage doesn’t look
euphoric yet.
For me, $5 is the level now. Hold it after the ETF-driven move and the
market is showing it can absorb profit-taking. Lose it cleanly, and I’d
rather wait than chase a catalyst that already delivered a big candle.
Real catalyst. Strong reaction. Now $5 has to prove itself.
candle.
Bitwise’s $NEAR ETF registration became effective on Sept. 24, and its shares were registered for NYSE Arca under ticker NRR. That’s a real regulatory milestone, not another vague “#etf filing” headline.
NEAR is around $5.07 on #Binance after trading as high as roughly $5.15. Meanwhile, a recent #Hyperliquid snapshot showed funding at just 0.0013% per hour despite heavy open interest.
That matters. Price has repriced hard, but leverage doesn’t look
euphoric yet.
For me, $5 is the level now. Hold it after the ETF-driven move and the
market is showing it can absorb profit-taking. Lose it cleanly, and I’d
rather wait than chase a catalyst that already delivered a big candle.
Real catalyst. Strong reaction. Now $5 has to prove itself.
