Brothers, don’t rush to sell and eat dirt! Recently, if you opened up the trading software to look at NEAR, you’d probably gasp in shock; this drop feels like riding a roller coaster without a seatbelt, plunging down all the way, stuck at a low position without moving, and there’s not a hint of reassurance in sight. But today, I dare to say something from the heart: amidst this seemingly desperate market, I’ve sensed a glimmer of a bottoming out.
First, let’s talk about the current core situation, and don't let the panic in the market mislead you. From a technical perspective, the downward trend of NEAR has indeed not broken, and the moving averages are still in a bearish arrangement. There hasn’t been any decent rebound signal in the short term, which is why many people are panicking. But here’s the key point: I’ve been observing its trading volume over the past three days and found that the volume is gradually shrinking during the decline. This is interesting; it indicates that the panic selling is nearing its end, and there are fewer and fewer people willing to cut their losses at this position. This is a typical signal of 'selling pressure exhaustion.'
Looking at the chip distribution again, a small range of chip concentration has appeared in the low position, which means that some smart money has quietly started to take over at this position. Some may say, 'With the market dropping like this, who would still dare to buy?' This is the key to contrarian layout: when others panic, I am greedy, but the premise is to have clear signal support, not to blindly catch the bottom. I haven't taken action yet; I am waiting for a confirmation signal, either a significant volume drop reversal candlestick appears or an effective breakthrough of the consolidation range, at which point the probability of success in entering the market will greatly increase.
To be honest, there is a lot of bearish sentiment about NEAR in the market right now, and the community is full of complaints. But everyone should not forget that the crypto market has always been 'counter-human'. When everyone is pessimistic, it often means that a turning point is about to occur. Of course, I am not telling everyone to go all in right now, but to put it on your watchlist and patiently wait for the best moment. After all, in this market, surviving longer is more important than making quick profits. Blindly trying to catch the bottom in a moment of haste will likely turn you into a 'bag holder'.
Finally, I want to say something heartfelt: Recently, the market has been volatile, so everyone shouldn't be too anxious and should not easily believe in various rumors online. I will continue to monitor the subsequent trends of NEAR, and once a clear entry signal appears, I will notify everyone in our community and account as soon as possible. If you think my analysis makes sense, don’t forget to like, bookmark, and follow @帝王说币 #加密市场观察 $BTC .
