$NEAR is definitely one of the alts I’m keeping on my watchlist right now. 👀
Not because I want to chase the move here, but because the strength behind it is hard to ignore.
While BTC, ETH and SOL have been relatively flat, NEAR has been showing much stronger relative performance.
And this move has some real fundamentals behind it:
• Bitwise launched the first U.S. spot $NEAR ETF
• The fund holds NEAR directly and plans to stake the tokens
• NEAR Intents generated around $7.3M in fees over the last 30 days
So to me, this looks like more than simple altcoin rotation.
The only thing keeping me cautious right now is price.
$NEAR is sitting just below the $5.35–$5.47 resistance zone after a strong run. I’d rather wait for a clean breakout or a better entry than chase it here.
Definitely one to watch. 🔥
Not because I want to chase the move here, but because the strength behind it is hard to ignore.
While BTC, ETH and SOL have been relatively flat, NEAR has been showing much stronger relative performance.
And this move has some real fundamentals behind it:
• Bitwise launched the first U.S. spot $NEAR ETF
• The fund holds NEAR directly and plans to stake the tokens
• NEAR Intents generated around $7.3M in fees over the last 30 days
So to me, this looks like more than simple altcoin rotation.
The only thing keeping me cautious right now is price.
$NEAR is sitting just below the $5.35–$5.47 resistance zone after a strong run. I’d rather wait for a clean breakout or a better entry than chase it here.
Definitely one to watch. 🔥