【I’ve been watching NEAR for three days, and I’ll admit I’m not sure what to make of it anymore】
Honestly, keeping an eye on NEAR lately has been a bit exhausting.
Not the kind of exhaustion you feel from losing money, but the kind you get when you can’t tell which way things are headed. Three days ago, I thought it was about to move. Trading volume really did pick up—to the point where I wondered, “Is big money coming in?” I almost… never mind, I won’t get into that. Anyway, I didn’t make a move.
Looking back now, that surge in volume didn’t lead to a rally, and the price has pulled back again. $ 5.11 is just sitting there, with support at 4.84 and resistance at 5.47. Neither side is willing to make the first move.
What does that tell us? Either the big players aren’t ready yet, or they’re waiting for some kind of signal. What I really want to know now is: what exactly is that signal?
Honestly, NEAR is down 75%, so valuation-wise, it really has entered oversold territory. But a low valuation doesn’t mean it’s going to rally right away. The key is whether this thing can actually deliver.
NEAR’s pitch is all about sharding technology, AI applications, and stories like that. The logic makes sense, but what I really want to know is: how many real users are actually using it? How much real value is actually running on its chain? I still haven’t found answers to those questions that convince me.
Market sentiment isn’t at an extreme right now either—Greed 62. Neither hot nor cold, just moving sideways, like NEAR.
For now, I’m just waiting. Waiting for volume to pick up again, waiting for a clear direction. Waiting is definitely uncomfortable, but it’s better than making random moves.
What are you keeping an eye on? Is there any asset whose fundamentals you think are especially clear? I’d really like to hear about it.
Honestly, keeping an eye on NEAR lately has been a bit exhausting.
Not the kind of exhaustion you feel from losing money, but the kind you get when you can’t tell which way things are headed. Three days ago, I thought it was about to move. Trading volume really did pick up—to the point where I wondered, “Is big money coming in?” I almost… never mind, I won’t get into that. Anyway, I didn’t make a move.
Looking back now, that surge in volume didn’t lead to a rally, and the price has pulled back again. $ 5.11 is just sitting there, with support at 4.84 and resistance at 5.47. Neither side is willing to make the first move.
What does that tell us? Either the big players aren’t ready yet, or they’re waiting for some kind of signal. What I really want to know now is: what exactly is that signal?
Honestly, NEAR is down 75%, so valuation-wise, it really has entered oversold territory. But a low valuation doesn’t mean it’s going to rally right away. The key is whether this thing can actually deliver.
NEAR’s pitch is all about sharding technology, AI applications, and stories like that. The logic makes sense, but what I really want to know is: how many real users are actually using it? How much real value is actually running on its chain? I still haven’t found answers to those questions that convince me.
Market sentiment isn’t at an extreme right now either—Greed 62. Neither hot nor cold, just moving sideways, like NEAR.
For now, I’m just waiting. Waiting for volume to pick up again, waiting for a clear direction. Waiting is definitely uncomfortable, but it’s better than making random moves.
What are you keeping an eye on? Is there any asset whose fundamentals you think are especially clear? I’d really like to hear about it.