🔥 $NEAR COULD BE APPROACHING A MAJOR WEEKLY BREAKOUT
$NEAR has rallied back toward its descending resistance, and now the key question is simple:
Can buyers reclaim $5.50–$6.20 and actually hold it on the retest? 👀
That’s the zone I’m watching for a potential shift in the weekly structure.
For the bullish setup to stay valid:
🟢 $3.80–$4.50 → needs to become support 🚀 $5.50–$6.20 → major resistance / breakout zone 🎯 $8 → first major upside test 🎯 $12 → next target 🔥 $20.60 → historical high 🚀 $22 → potential cycle extension
From around $4.969, a move to $22 would represent roughly 343% upside.
But I’m not assuming it happens.
⚠️ A weekly close below $3.80 would significantly weaken the bullish structure.
For now, $5.50–$6.20 is the zone that could change the entire weekly picture. 👀📈
Hyperliquid Labs is reportedly unstaking around 3.75M $HYPE , worth roughly $320M, for a private sale to a single institution on October 7.
That represents around 1.5% of the total supply from the October team unlock.
But there’s one big question:
Who’s buying?
The buyer hasn’t been publicly named.
And now the speculation is pointing toward ICE, the parent company of the NYSE.
Why?
ICE CEO Jeffrey Sprecher previously called Hyperliquid bigger than Nasdaq and said he had met with the team.
If ICE really is the buyer, that would be a massive validation for Hyperliquid.
Instead of a huge team unlock potentially hitting the market, you’d have one of the world’s biggest financial institutions potentially taking the tokens privately.
⚠️ Nothing is confirmed yet.
But October 7 could be a very interesting day for $HYPE . 👀
The $3.8M drained from the NEAR Intents USDT vault was reportedly returned in full within roughly 48 hours.
The team identified the attacker in under 24H, gave them a 48-hour deadline, and the funds came back with an on-chain message admitting they were in the wrong.
Case closed. 👀
And the bigger picture is still getting stronger:
📈 $32.79B all-time Intents volume — 23.8x YoY
💰 $6.36M fees in the last 30D
💵 $1.71M net revenue in 30D
🔥 ~$14.43M cumulative protocol revenue/burn
📊 Confidential TVL: $156M, up 2.9x MoM
Then there are several potential catalysts ahead:
🏦 Grayscale NEAR ETF — still pending
🚀 Bitwise spot ETF (NRR) — already live, with roughly $53M AUM in its first 3 days
🗳️ House of Stake vote — proposed issuance reduction from 2.5% → 1.6% over 24 months, potentially cutting **66M $NEAR ($330M)** if approved
🤖 Q4 roadmap — agent layer, AI portfolio tools, more yield and RWA rails built on top of Intents
The hack was obviously a negative event.
But the response matters.
Funds recovered. The vulnerability was addressed. And the underlying network metrics continue to grow.
The easy narrative is: “SOL sold off after its ETF, so NEAR will do the same.”
But the timing is completely different. 👇
When BSOL launched in October 2025, SOL was around $195 and the cycle’s momentum was already fading. Solana DEX activity had fallen sharply from its January peak.
NEAR is entering its ETF phase around $5, still roughly 75% below its 2022 ATH, while network activity is moving in the opposite direction.
📈 NEAR Intents processed $300M+ in a single day on Sept. 18 📈 September became its strongest fee month of the year 💰 NRR attracted $35.5M on day one
And the relative scale matters.
$35M flowing into an asset worth roughly $6.5B is a much bigger demand shock than similar ETF flows into an asset around $100B.
So I think the comparison is backwards:
SOL ETF arrived after the run. NEAR ETF is arriving while the story is still developing.
That doesn’t mean NEAR can’t pull back. An ETF is not a price floor.
But this isn’t necessarily the same setup repeating.
Solana’s ETF showed up for the victory lap. NEAR’s showed up for lap one. 🏁
🚨 $SAND FLUSHED 2.8% ON 2.8x VOLUME — BUT STRUCTURE STILL HOLDING.
I’m still bullish here. 👀
The 1H, daily and weekly structures remain bullish, with price defending the key $0.07321 structure flip.
This looks more like a liquidity grab / panic shakeout than true distribution.
Key levels:
🟢 $0.07194 → demand / FVG zone 🟢 $0.07321 → key structure flip 🎯 $0.07743 → TP1 🎯 $0.08081 → range high 🚀 $0.08396+ → extension if momentum returns
I’d rather see a sweep/retest around $0.07194 followed by bullish confirmation before entering — engulfing candle, strong buyback, or a lower-timeframe structure shift above $0.075.
⚠️ Invalidation: 1H close below $0.07321.
If that happens, the bullish setup is off and $0.07194 becomes the next level to watch, with deeper downside possible toward $0.04889 if support completely fails.
For now, I’m not chasing shorts while the structure remains bullish. 📈
⚠️ $MAGMA just dropped 4.9% on an insane 11.3x volume spike.
I’m cautious bullish here.
The 1H structure is still bullish, and the sharp flush into the $0.22022–$0.22251 liquidity zone looks more like panic selling / a stop hunt than clean distribution.
🚨 $STRK IMPORTANT CHART IN LAYER-2 SECTOR RIGHT NOW
After spending nearly 2.5 years inside a descending channel, Starknet is finally pushing above long-term resistance. Since the lows, $STRK has already rallied more than 150%, raising the question:
Is the bottom finally in? 👀
Key technical points:
📍 Accumulation zone: $0.032–$0.023 held perfectly 📍 Market structure: Weekly ChoCh (Change of Character) confirmed 📍 Bullish trigger: A strong weekly close above $0.0636 could open the door for further upside
If momentum continues, these are the levels I’m watching:
🎯 $0.22 🎯 $0.80 🎯 $2.40
Starknet remains one of the major ZK Layer-2 projects, with growing focus on Bitcoin integration, account abstraction, and scaling infrastructure. Fundamentals are improving while price attempts a higher-timeframe reversal.
Risk management matters:
🛑 Invalidation: Higher-timeframe close below $0.022
Current STRK price is around $0.055–$0.056, still far below its historical highs but well above the recent bottom.