$NEAR is currently in a consolidation phase after its recent upside moves, as traders digest profits and wait for fresh momentum. Price is moving in a range rather than a clear trend, showing a balance between buyers on dips and sellers near resistance.

Fundamentally, NEAR still benefits from its scalable L1 tech and active dev ecosystem, but it competes directly with other smart-contract platforms like Solana and Ethereum L2s. Short term, NEAR looks sideways to slightly bullish as long as it holds key support levels, with the next bigger move likely to follow Bitcoin and overall market sentiment. #BTCRebound90kNext? #USJobsData #CryptoIn401k #IPOWave #CPIWatch

NEAR
NEARUSDT
1.735
+2.36%