$NEAR fell from 5.17 to 4.634, down 7.56% in 24h, with 186M in trading volume. What's interesting is that the funding rate is still positive, and the long/short ratio hasn't collapsed either. That suggests longs haven't left—they're still paying to hold their positions. The shorts aren't in a hurry, and 186M in volume isn't panic selling.
Trading volume over the past hour has been almost zero, with the price grinding around the 24h low of 4.585. The selling pressure isn't coming from a sell-off; there's just nobody stepping in to buy. I'm watching 4.585: a high-volume break below it would leave a vacuum underneath. A rebound back above 4.9 would be the sign that this move is over.
#NEAR #BinanceSquare #Crypto
Trading volume over the past hour has been almost zero, with the price grinding around the 24h low of 4.585. The selling pressure isn't coming from a sell-off; there's just nobody stepping in to buy. I'm watching 4.585: a high-volume break below it would leave a vacuum underneath. A rebound back above 4.9 would be the sign that this move is over.
#NEAR #BinanceSquare #Crypto