$NEAR fell 7.7% to $3.42 amid daily selling pressure, weighed down by chart structure trading below the EMA20 ($4.03).

Despite this correction, the NEAR Intents product boosted revenue and funded $2.7 million in token buybacks throughout Q4.

The market remains defensive, with the RSI below 40 and Fear & Greed at 28. An hourly close above $3.42 is needed to confirm a rebound.