$NEAR Down 10% in a day—will 4.30 hold?
We’d barely warmed our seats in the top 20, and NEAR has already dealt us a heavy blow.
It’s down 10.16% today, currently at 4.8151. There’s no new story behind the price action—it’s just that after rising too quickly, everyone’s rushing for the exits.
I’m leaning a bit bearish here.
The daily price has fallen below the moving averages, and the funding rate is still slightly negative, which suggests little appetite for buying the dip.
If it can hold the low at 4.30, things might calm down a bit;
But if it breaks above 5.60 on strong volume, I’ll have to eat my words and change my tune immediately.
The happiest people today are those who didn’t get in a few days ago, but there’s no need to celebrate too soon.
The ones who bought the top are already lying low, and the analysts calling for 200% gains are probably pretending to be dead. I’ll keep quiet and watch the show.
#NEAR #交易心得分享
We’d barely warmed our seats in the top 20, and NEAR has already dealt us a heavy blow.
It’s down 10.16% today, currently at 4.8151. There’s no new story behind the price action—it’s just that after rising too quickly, everyone’s rushing for the exits.
I’m leaning a bit bearish here.
The daily price has fallen below the moving averages, and the funding rate is still slightly negative, which suggests little appetite for buying the dip.
If it can hold the low at 4.30, things might calm down a bit;
But if it breaks above 5.60 on strong volume, I’ll have to eat my words and change my tune immediately.
The happiest people today are those who didn’t get in a few days ago, but there’s no need to celebrate too soon.
The ones who bought the top are already lying low, and the analysts calling for 200% gains are probably pretending to be dead. I’ll keep quiet and watch the show.
#NEAR #交易心得分享