$NEAR Both sentiment and positioning are leaning toward the long side, guys, which shows that the market has fairly high expectations of a recovery. There’s some basis for this expectation, since this coin has been falling extremely slowly, has solid fundamentals, and is holding its price well. But a slow decline doesn’t mean it has stopped. With so many longs, and the price still continuing to fall, the main trend hasn’t changed yet. There are also fewer shorts now because everyone is afraid the price could bounce back at any moment. I don’t think this is the bottom yet; the overall market conditions are still quite unfavorable, so the price could keep falling. $NEAR

$NEAR Both sentiment and positioning are leaning toward the long side, guys, which shows that the market has fairly high expectations of a recovery. There’s some basis for this expectation, since this coin has been falling extremely slowly, has solid fundamentals, and is holding its price well. But a slow decline doesn’t mean it has stopped. With so many longs, and the price still continuing to fall, the main trend hasn’t changed yet. There are also fewer shorts now because everyone is afraid the price could bounce back at any moment. I don’t think this is the bottom yet; the overall market conditions are still quite unfavorable, so the price could keep falling.
$NEAR