【I’m waiting for NEAR to drop to 4.67—this is interesting】
NEAR has fallen nearly 8% from its high over the past few days, so it’s definitely weak in the short term. But have you noticed that 30 days ago, NEAR was up nearly 95%? A lot of people see a pullback and panic, thinking it’s about to crash. I’m thinking about something else: trading volume has surged unusually sharply.
Honestly, I’ve seen this happen too many times. A coin rises several-fold from the bottom, then starts pulling back while trading volume grows. That’s not retail investors selling—it’s big money changing hands. After being down 76% and then seeing volume pick up, what happens next is either continued selling or genuine accumulation by big money.
NEAR is at a delicate point right now. Support is at 4.67, and resistance is at 5.28. CPI data comes out tomorrow, BTC has fallen from 84k, and market sentiment is still greedy. At times like this, what’s really being tested isn’t your technical analysis, but whether you truly understand the fundamentals behind this coin.
NEAR’s story has kept changing over the years. It started out as an “Ethereum killer,” and now it’s all about the AI + Web3 narrative. But a good story alone isn’t enough—you need to look at how much of it has actually been put into practice. NEAR’s on-chain activity, sharding technology, and its current ties to various AI projects aren’t things I can explain in a single sentence, but those who know, know.
For ordinary investors, I suggest asking yourself one question first: this project has risen so many times over, but have its core users really grown in number? Or is it just a rotation of narratives? In practical terms, what NEAR needs to prove most right now is whether its ecosystem can retain the people drawn in by the narrative. Keeping them is the real skill; a price pump alone won’t do it.
So this pullback is pressure for short-term traders, but it could be an opportunity for medium-term investors. The condition is that you need to be clear about what you’re betting on: the narrative continuing, or its ability to deliver in the real world.
What do you think of this NEAR move? At what price would you consider getting in after a pullback?
NEAR has fallen nearly 8% from its high over the past few days, so it’s definitely weak in the short term. But have you noticed that 30 days ago, NEAR was up nearly 95%? A lot of people see a pullback and panic, thinking it’s about to crash. I’m thinking about something else: trading volume has surged unusually sharply.
Honestly, I’ve seen this happen too many times. A coin rises several-fold from the bottom, then starts pulling back while trading volume grows. That’s not retail investors selling—it’s big money changing hands. After being down 76% and then seeing volume pick up, what happens next is either continued selling or genuine accumulation by big money.
NEAR is at a delicate point right now. Support is at 4.67, and resistance is at 5.28. CPI data comes out tomorrow, BTC has fallen from 84k, and market sentiment is still greedy. At times like this, what’s really being tested isn’t your technical analysis, but whether you truly understand the fundamentals behind this coin.
NEAR’s story has kept changing over the years. It started out as an “Ethereum killer,” and now it’s all about the AI + Web3 narrative. But a good story alone isn’t enough—you need to look at how much of it has actually been put into practice. NEAR’s on-chain activity, sharding technology, and its current ties to various AI projects aren’t things I can explain in a single sentence, but those who know, know.
For ordinary investors, I suggest asking yourself one question first: this project has risen so many times over, but have its core users really grown in number? Or is it just a rotation of narratives? In practical terms, what NEAR needs to prove most right now is whether its ecosystem can retain the people drawn in by the narrative. Keeping them is the real skill; a price pump alone won’t do it.
So this pullback is pressure for short-term traders, but it could be an opportunity for medium-term investors. The condition is that you need to be clear about what you’re betting on: the narrative continuing, or its ability to deliver in the real world.
What do you think of this NEAR move? At what price would you consider getting in after a pullback?