
Post
Hashmeta_x
$NEAR — $4.70
Down 7.9% in 24 hours after losing the 4.60**.
The selloff wiped over $20M in long liquidations. Open interest dropped 12.3% to $1.4B — position unwinds, not new shorts.
What's driving the pullback:
• Profit-taking after a 200%+ August surge and a weekly gain of nearly 80%
• RSI at 70.96 — deep overbought territory, now cooling
• Broader market weakness as $BTC tests $83K #PCEAndPayrollsWeek #BTCETFInflowsHit1YHigh
Morgan Stanley: $BTC BTC is mirroring gold in the 1970s.
$Gold corrected hard, then broke out to new highs.
Bitcoin looks like it’s on the same path.
If this continues, the real breakout could still be ahead.
$BTC #BTCETF7DayInflows3B

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