【ZuoZuo Market-Move Alert】🔻 NEAR plunged below 4.45 in 10 minutes. Can it hold the 4.30 level?
Today from 14:40 to 14:50, NEAR plunged from 4.456 to 4.295, with 20.7 million U in trading volume over 10 minutes (Binance spot).
Current price: 4.319, down 7.95% over 24 hours, with 117 million U in trading volume. At the same time, BTC was at 79,930, down just 1.2%—NEAR’s drop was clearly much steeper.
Background: During the same hour, long positions worth $1.08 million were liquidated across the three major exchanges, while no short positions were liquidated (TokenPost). Meanwhile, the community is still debating the HSP-029 proposal to cut the issuance cap by 36%. There’s no single clear bearish catalyst; this looks more like leveraged longs getting flushed out.
What to watch next:
① Today’s low of 4.295 and the 10/24 low of 4.25—holding these levels would suggest a shakeout
② If the 1H candle closes below 4.25, the next level to watch is the 9/23 low of 4.03
③ If the rebound can’t reclaim 4.45, treat bounces as chances to get out
Are you catching the falling knife at 4.3, or waiting for 4.25 to decide? 👇
#NEAR #异动速报 #爆仓 #ZuoZuoMarketMoveAlert
$NEAR
Today from 14:40 to 14:50, NEAR plunged from 4.456 to 4.295, with 20.7 million U in trading volume over 10 minutes (Binance spot).
Current price: 4.319, down 7.95% over 24 hours, with 117 million U in trading volume. At the same time, BTC was at 79,930, down just 1.2%—NEAR’s drop was clearly much steeper.
Background: During the same hour, long positions worth $1.08 million were liquidated across the three major exchanges, while no short positions were liquidated (TokenPost). Meanwhile, the community is still debating the HSP-029 proposal to cut the issuance cap by 36%. There’s no single clear bearish catalyst; this looks more like leveraged longs getting flushed out.
What to watch next:
① Today’s low of 4.295 and the 10/24 low of 4.25—holding these levels would suggest a shakeout
② If the 1H candle closes below 4.25, the next level to watch is the 9/23 low of 4.03
③ If the rebound can’t reclaim 4.45, treat bounces as chances to get out
Are you catching the falling knife at 4.3, or waiting for 4.25 to decide? 👇
#NEAR #异动速报 #爆仓 #ZuoZuoMarketMoveAlert
$NEAR
