I still think the market is heavily undervaluing NEAR right now.

It’s currently the biggest position in my altcoin portfolio because I believe the upside potential here is far from fully priced in.

Lately, I’ve been paying more attention to how altcoins perform against BTC rather than just USD charts. If an alt can’t outperform Bitcoin, then holding BTC alone honestly makes more sense.

What keeps me bullish on NEAR is the growth happening around NEAR Intents. Activity and swap volume continue climbing, which naturally means more revenue flowing into the ecosystem.

When you compare its valuation relative to revenue, NEAR still looks cheaper than projects like Solana or HYPE in my opinion.

From a technical perspective, the NEAR/BTC pair is sitting around a major resistance zone right now. If that breakout finally happens and the market structure keeps forming higher highs and higher lows, I think a strong move against Bitcoin could follow from there.