I’m still bullish on NEAR in the long term. My long positions have already returned 150% twice, but good news alone doesn’t pay the bills, and ETF inflows won’t blindly buy in just to provide exit liquidity. The recent pullbacks have been getting more and more severe. Although prices have gradually recovered each time, this at least suggests that institutions also think tokens priced above 5 are expensive. So I’ve decided to open a short-term short position and watch how far the pullback goes. If it breaks below 4, I’ll give up on it entirely.