$NEAR is up 16% in a month while ETH is down 12%.
Live Binance data: NEAR at $4.97, +3% on the day, with $172M traded on the USDT pair in 24h — more turnover than XRP's $107M. It tapped $5.097 overnight and sits about 2% under it.
Why it's moving: Bitwise's spot NEAR ETF (NRR) took in roughly $5.42M on Oct 19, a third straight session of inflows, taking cumulative inflows past $80M since its late-September launch.
The setup: $5 is the level traders are watching. Reclaim it and the 30-day uptrend holds; lose the $4.63 session low and that ETF bid gets tested. The alt bid is broad this morning too — $PEPE +9% on $61M, $INJ +6% on $19M.
Asia opens straight into this one. Korea, Japan, China — holding alts here, or waiting for Bitcoin to pick a direction?
#Write2Earn #Altcoins #加密货币 #알트코인 #仮想通貨
Not financial advice. DYOR.
Live Binance data: NEAR at $4.97, +3% on the day, with $172M traded on the USDT pair in 24h — more turnover than XRP's $107M. It tapped $5.097 overnight and sits about 2% under it.
Why it's moving: Bitwise's spot NEAR ETF (NRR) took in roughly $5.42M on Oct 19, a third straight session of inflows, taking cumulative inflows past $80M since its late-September launch.
The setup: $5 is the level traders are watching. Reclaim it and the 30-day uptrend holds; lose the $4.63 session low and that ETF bid gets tested. The alt bid is broad this morning too — $PEPE +9% on $61M, $INJ +6% on $19M.
Asia opens straight into this one. Korea, Japan, China — holding alts here, or waiting for Bitcoin to pick a direction?
#Write2Earn #Altcoins #加密货币 #알트코인 #仮想通貨
Not financial advice. DYOR.