🔥 $NEAR BITWISE ETF LAUNCHES: $50M IN INFLOWS IN 2 DAYS — TIME FOR A ROCKET TO $6.00? 🚀📈
Bitwise has officially launched the spot Bitwise NEAR Protocol ETF ($NRR) on NYSE Arca, with the option for on-chain staking. In its first two trading sessions, the fund attracted around $50M in inflows. Institutional demand for AI infrastructure and the NEAR ecosystem is returning, creating a solid fundamental foundation.
💡 On the 4H chart, $NEAR confidently bounced off the Bollinger midline and is preparing to break through the upper band ($5.098). MACD has moved into the green zone (+0.036), while RSI(6) at 57 shows an ideal balance—the asset isn’t overheated and has plenty of room to grow. The main target for the rally is the local high of $5.578, with potential to reach $6.00.
📊 Setup (LONG):
Entry: $4.820 – $5.000
TP: $5.500 / $6.000
SL: $4.500
Will the ETF launch and staking option for institutions push $NEAR above $5.50, or will the market take a pause? 👇
#Near #nearprotocol #CryptoNews #TechnicalAnalysis #BinanceSquare
Bitwise has officially launched the spot Bitwise NEAR Protocol ETF ($NRR) on NYSE Arca, with the option for on-chain staking. In its first two trading sessions, the fund attracted around $50M in inflows. Institutional demand for AI infrastructure and the NEAR ecosystem is returning, creating a solid fundamental foundation.
💡 On the 4H chart, $NEAR confidently bounced off the Bollinger midline and is preparing to break through the upper band ($5.098). MACD has moved into the green zone (+0.036), while RSI(6) at 57 shows an ideal balance—the asset isn’t overheated and has plenty of room to grow. The main target for the rally is the local high of $5.578, with potential to reach $6.00.
📊 Setup (LONG):
Entry: $4.820 – $5.000
TP: $5.500 / $6.000
SL: $4.500
Will the ETF launch and staking option for institutions push $NEAR above $5.50, or will the market take a pause? 👇
#Near #nearprotocol #CryptoNews #TechnicalAnalysis #BinanceSquare
