$NEAR #NEAR If the rebound can’t hold, don’t force-bottom-fish; the bearish rhythm hasn’t been handed over yet.
K-line period: 1h
My direction: slightly bearish (only trade with the trend, don’t force a clash with emotions)
$NEAR #NEAR Execution: short the rebound, and wait for confirmation at key levels before adding positions.
Core basis: 1) NEARUSDT 24h change -11.008%, current price about 3.3720, 24h turnover about 343.95M; 2) the 1h close fell from 3.4050 to 3.3720, and the main cycle is still weakening. 3) the 4h close fell from 3.4470 to 3.3730, current open interest is about 49.10M, and funding rate is about 0.0100%; the pullback looks more like an opportunity for bears.
Risk control level: if 1h moves back above 3.4130, the bearish view is invalid.
$NEAR #NEAR Closing: the direction is given; execution depends on discipline. For reference only, not investment advice.
K-line period: 1h
My direction: slightly bearish (only trade with the trend, don’t force a clash with emotions)
$NEAR #NEAR Execution: short the rebound, and wait for confirmation at key levels before adding positions.
Core basis: 1) NEARUSDT 24h change -11.008%, current price about 3.3720, 24h turnover about 343.95M; 2) the 1h close fell from 3.4050 to 3.3720, and the main cycle is still weakening. 3) the 4h close fell from 3.4470 to 3.3730, current open interest is about 49.10M, and funding rate is about 0.0100%; the pullback looks more like an opportunity for bears.
Risk control level: if 1h moves back above 3.4130, the bearish view is invalid.
$NEAR #NEAR Closing: the direction is given; execution depends on discipline. For reference only, not investment advice.