🚨 NEAR jumps nearly 80% in a week—rallies from $2.2 to $4.2. Who lit the fuse?
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This isn’t some sudden “ecosystem boost.” The real ignition is that $666 million worth of short positions got liquidated.
Over these seven days, NEAR has put in an explosive run—pushing from $2.20 all the way to $4.20. Up nearly 80% in a week, it has broken through and even stepped over a downtrend line that had been holding for almost two years.
With a move this violent, many people’s first instinct is that a fundamentals reversal must be happening. But pull the camera back and look at the money—the answer becomes clearer.
📊 In the past 24 hours, about $666 million in leveraged positions were liquidated. The main force behind it is the bearish shorts. XRP and NEAR are leading this squeeze. On the price chart, NEAR has broken above the old resistance zone of $3.30 to $3.50. The current price is $4.18, sitting just below the $4.20 to $4.40 supply area. The next stop for the bulls is $4.80 to $5.00, while $3.30 to $3.50 is the pullback zone that must be defended.
On the news front, a secret perpetual contract feature based on Hyperliquid has been mentioned repeatedly, and with NEAR Intents activity heating up, the market got some storyline to go along with the move.
💡 What matters isn’t how much NEAR is up, but that this rally’s driven upward by short liquidations—not fresh money entering. Squeezed leverage rallies come fast—and they can fade just as fast.
⚠️ After a surge at this level, short-term profit-taking could happen anytime. A retracement back to $3.30 to $3.50 isn’t surprising. Don’t treat the 80% weekly gain as the new normal.
👀 One camp says this is the start of a trend reversal; the other says it’s just shorts getting forced out. Do you think NEAR can hold above $4.40? Comment below 👇
Click the avatar to watch the livestream + join the Jiujiu chat group to get daily strategies 🚀
#NEAR一周涨近80% #xrp #Bitcoin
Group: 点击进入玖玖的粉丝群
This isn’t some sudden “ecosystem boost.” The real ignition is that $666 million worth of short positions got liquidated.
Over these seven days, NEAR has put in an explosive run—pushing from $2.20 all the way to $4.20. Up nearly 80% in a week, it has broken through and even stepped over a downtrend line that had been holding for almost two years.
With a move this violent, many people’s first instinct is that a fundamentals reversal must be happening. But pull the camera back and look at the money—the answer becomes clearer.
📊 In the past 24 hours, about $666 million in leveraged positions were liquidated. The main force behind it is the bearish shorts. XRP and NEAR are leading this squeeze. On the price chart, NEAR has broken above the old resistance zone of $3.30 to $3.50. The current price is $4.18, sitting just below the $4.20 to $4.40 supply area. The next stop for the bulls is $4.80 to $5.00, while $3.30 to $3.50 is the pullback zone that must be defended.
On the news front, a secret perpetual contract feature based on Hyperliquid has been mentioned repeatedly, and with NEAR Intents activity heating up, the market got some storyline to go along with the move.
💡 What matters isn’t how much NEAR is up, but that this rally’s driven upward by short liquidations—not fresh money entering. Squeezed leverage rallies come fast—and they can fade just as fast.
⚠️ After a surge at this level, short-term profit-taking could happen anytime. A retracement back to $3.30 to $3.50 isn’t surprising. Don’t treat the 80% weekly gain as the new normal.
👀 One camp says this is the start of a trend reversal; the other says it’s just shorts getting forced out. Do you think NEAR can hold above $4.40? Comment below 👇
Click the avatar to watch the livestream + join the Jiujiu chat group to get daily strategies 🚀
#NEAR一周涨近80% #xrp #Bitcoin
