Best 7 days for Near Protocol since March 2024.
NEAR at $4.25. +21.89% in 24h, +72.16% over 7 days, $1.01B in perp volume.
Last time it did this was March 12, 2024. The 30 days after that went -15.86%.
One data point isn't a pattern. It's still worth knowing before the timeline decides what this move means.
Funding's close to flat at 0.0100% with about $234M in open interest, so by that measure it isn't a crowded trade yet.
Bitcoin at $81,330 did +1.31% over the same 24h, so this one's moving on its own story.
Moves like this pull in everyone who missed the first leg. That's usually when the chart gets harder, not easier.
Continuation from here, or the kind of move that gets faded?
Sharing how I read it, not telling anyone what to do. Not advice, not an offer. Your decisions are yours.
#NearProtocol
NEAR at $4.25. +21.89% in 24h, +72.16% over 7 days, $1.01B in perp volume.
Last time it did this was March 12, 2024. The 30 days after that went -15.86%.
One data point isn't a pattern. It's still worth knowing before the timeline decides what this move means.
Funding's close to flat at 0.0100% with about $234M in open interest, so by that measure it isn't a crowded trade yet.
Bitcoin at $81,330 did +1.31% over the same 24h, so this one's moving on its own story.
Moves like this pull in everyone who missed the first leg. That's usually when the chart gets harder, not easier.
Continuation from here, or the kind of move that gets faded?
Sharing how I read it, not telling anyone what to do. Not advice, not an offer. Your decisions are yours.
#NearProtocol