2.06 NEAR, are you going to buy in?



Arthur Hayes just called it his “favorite shitcoin,” with $36 million flowing into Bitwise ETP, and the June dynamic sharding upgrade imminent—yet just now, the price plummeted from 2.32 to 2.06, with intense 24-hour volatility.

First look at the surface: a 37% surge in a single week, momentum like a rainbow.

In the past 7 days, it’s up nearly 40%, with a market cap of $2.67 billion, and 24-hour trading volume hitting $78k to $1 billion. The candlestick chart shows: volume at the bottom pushing it up, the 200-day moving average flattening and turning upward, a nascent upward channel forming: AI narrative is back, don’t miss out.

First thing: co-founder is one of the authors of the Transformer paper.

NEAR’s Illia Polosukhin, with a solid Google Brain background, co-author of the Transformer paper. Arthur Hayes publicly calls NEAR his “favorite shitcoin,” placing it in the Holy Trinity. $36 million flows into Bitwise ETP, trading volume exceeds $1 billion.

Second thing: June’s dynamic sharding upgrade, a technical breakthrough.

Dynamic Resharding—automatic sharding expansion, supporting well over 70 shards, with TPS comparable to traditional payment networks, also introducing post-quantum secure signatures.

- Network no longer congests, auto-scaling

- Maximum security, even quantum computers can’t break it

- Co-founder with top-tier AI halo

Third thing: a technical signal that warrants caution.

Within 24 hours, it quickly dropped from 2.32 to 2.06, with over 10% volatility. High-volume oscillations at the top, RSI pulling back from overbought, trading volume during the pullback shows no obvious shrinkage. The 2.30-2.50 range is a historically dense trading zone; breaking through it in one go isn’t easy.

One side:

- June’s dynamic sharding upgrade, a definite positive

- Arthur Hayes’ calls + institutional ETP inflows in real money

- Founder with AI background, unique

- Volume at the bottom + 200-day MA flattening, mid-term trend turning bullish

The other side:

- Short-term, a sharp drop from 2.32 to 2.06, profit-taking is fierce

- BTC oscillates between 75,000-78k, if BTC breaks down, NEAR could follow to 1.6-1.8

- If the upgrade is delayed or underwhelming, sentiment could reverse instantly

Key level: 2.00-2.06, a critical support/resistance zone.

Resistance above: 2.30-2.50 → 3.00+ → 3.5-5.0 (mid-term target)

Support below: 2.00 (integer level + MA support) → 1.80-1.90 → 1.60 (golden buy zone)

Short-term traders:

Wait for a pullback to 1.95-2.05 before entering, stop-loss at 1.85 (sell if broken), first target 2.40-2.60.

Swing traders:

Wait until daily closes above 2.50 before buying, target 3.5+. Any pullback before June’s upgrade is a chance to add. If BTC drops below 70k, NEAR could hit 1.6-1.8, buy blindly.

Long-term believers:

DCA below 2.0, target $5-$8. Betting on AI + sharding + chain abstraction narratives resonating, NEAR could be the next L1 dark horse. When the upgrade lands, if volume surges but price stagnates, don’t be greedy—cut 30% first.

NEAR now is like SOL in 2023—

Everyone thought it was dead after dropping 90%, but with bottom-volume and narrative reversal, it’s multiplied fivefold in half a year.

At 2.0, you hesitate to buy, but if it rises to 5, you’ll regret: “I should have bought back then…” #TradFi交易分享挑战 #PlatinumCard作者专属 $BTC $ETH
BTC-1.91%
ETH-3.4%
SOL-3.53%
View Original
post-image
N
N没有B
Four.meme
MC:$3.68KHolders:1
5.18%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
LandscapeView
N
0
· 4h ago
Just charge forward 👊
View OriginalReply0
LandscapeView
N
0
· 4h ago
Just charge forward 👊
View OriginalReply0
  • Pinned