$NEAR 🟢 BULLISH
According to Cointelegraph, approximately 5 billion in fresh capital has flowed into Bitcoin over the past month, even as the cryptocurrency's price surge has lost momentum.
Nearly 5B in monthly Bitcoin inflows signals sustained institutional and retail capital entering the broader crypto market, which can gradually expand liquidity available to altcoins like NEAR. However, with BTC's rally stalling, that capital rotation into altcoins has not yet materialized, consistent with NEAR's muted RSI of 42 and modest 1.74% daily move despite elevated volume at nearly 2× average.
Price now 5.10, +1.74% on the day.
Chasing green candles rarely ends well. Or does it this time?
🔥 #Altcoins #Crypto $BOME $ERA
According to Cointelegraph, approximately 5 billion in fresh capital has flowed into Bitcoin over the past month, even as the cryptocurrency's price surge has lost momentum.
Nearly 5B in monthly Bitcoin inflows signals sustained institutional and retail capital entering the broader crypto market, which can gradually expand liquidity available to altcoins like NEAR. However, with BTC's rally stalling, that capital rotation into altcoins has not yet materialized, consistent with NEAR's muted RSI of 42 and modest 1.74% daily move despite elevated volume at nearly 2× average.
Price now 5.10, +1.74% on the day.
Chasing green candles rarely ends well. Or does it this time?
🔥 #Altcoins #Crypto $BOME $ERA