$NEAR Selling Pressure vs. ETF Demand
NEAR dropped over 12%, while a $2.64M leveraged long liquidation added to the pressure.
Yet spot $NEAR ETFs reportedly saw $3.98M in daily net inflows. This creates an interesting divergence between market selling and investor demand.
Key level: $4.50. A breakdown could extend the decline, while a reclaim with strong volume could signal recovery.
ETF inflows matter, but price action must confirm the trend.
Can buyers absorb the selling pressure, or is more downside ahead?
#NEAR #Crypto #BinanceSquare
NEAR dropped over 12%, while a $2.64M leveraged long liquidation added to the pressure.
Yet spot $NEAR ETFs reportedly saw $3.98M in daily net inflows. This creates an interesting divergence between market selling and investor demand.
Key level: $4.50. A breakdown could extend the decline, while a reclaim with strong volume could signal recovery.
ETF inflows matter, but price action must confirm the trend.
Can buyers absorb the selling pressure, or is more downside ahead?
#NEAR #Crypto #BinanceSquare