On April 30, it only held above for a single day—$NEAR is now retreating to 3.67. Toss a 40% weekly candle straight onto the table—take it, or wait for it to sink one more notch?
――― Direction: the structure hasn’t broken. Re-enter around 3.38; if the close breaks below 3.20, admit the mistake and exit.
That Friday candle isn’t just “air”: it surged 28% in a day, and every news headline was about it. The handlers have two things—Intents cumulative routing volume has crossed $30B; on 9/17, privacy computing TVL broke $70M, and the first wave of incentives has been unlocked.
Bulls say it’s a ZEC-style move independent of the broader market. Bears say the integrated story hasn’t yet been translated into sustained usage—if it’s rallied too fast, it should pay back.
I’m slightly bullish in the middle, but I won’t take action. The reason is simple: from the pullback on 4.30, it’s already dropped about 15%. The 1h timeframe hasn’t given any signal of reclaiming yet—entering now is basically lifting the shoulders of the crowd that chased the high.
The plan is set: before 3.35–3.40, place alerts on the prior level; if the 1h reclaims above 3.80, add back half the position. If it closes below 3.20, this idea is void—I’m not going to keep dragging it out.
I’ll re-check the privacy TVL figure again after a week—if it’s still rising after the incentives land, that shows it’s not just one-time incentive money. Otherwise, this round would be a pulse, not a trend.
#NEAR #PrivacyAI
――― Direction: the structure hasn’t broken. Re-enter around 3.38; if the close breaks below 3.20, admit the mistake and exit.
That Friday candle isn’t just “air”: it surged 28% in a day, and every news headline was about it. The handlers have two things—Intents cumulative routing volume has crossed $30B; on 9/17, privacy computing TVL broke $70M, and the first wave of incentives has been unlocked.
Bulls say it’s a ZEC-style move independent of the broader market. Bears say the integrated story hasn’t yet been translated into sustained usage—if it’s rallied too fast, it should pay back.
I’m slightly bullish in the middle, but I won’t take action. The reason is simple: from the pullback on 4.30, it’s already dropped about 15%. The 1h timeframe hasn’t given any signal of reclaiming yet—entering now is basically lifting the shoulders of the crowd that chased the high.
The plan is set: before 3.35–3.40, place alerts on the prior level; if the 1h reclaims above 3.80, add back half the position. If it closes below 3.20, this idea is void—I’m not going to keep dragging it out.
I’ll re-check the privacy TVL figure again after a week—if it’s still rising after the incentives land, that shows it’s not just one-time incentive money. Otherwise, this round would be a pulse, not a trend.
#NEAR #PrivacyAI
