
Публикация
Since February 6, Bitcoin, Ethereum, and Solana all started recovering from their weekly oversold conditions. But none of them have yet flipped into a true mid-term uptrend or confirmed a major trend reversal.
Meanwhile, NEAR Protocol quietly did exactly that.
While the big three are still consolidating, NEAR has already transitioned from a weekly oversold bounce into a full weekly uptrend. Since May 3, it has doubled in price. Its 3-day moving average is above zero, showing a strong expansion phase. The weekly MACD fast and slow lines are preparing to cross into positive territory, and momentum is clearly building.
Right now, NEAR is in a minor one-way uptrend. Once the weekly MACD fully climbs above zero, it will enter a major one-way uptrend. And this is happening without the kind of massive hype we saw a few days ago.
So why did NEAR break out while others haven't?
If we ignore capital flows and just look at the indicators, NEAR's weekly oversold recovery started in mid-February, about 6-7 weeks earlier than the broader market. After printing 5 consecutive green weekly candles, it pulled back for 2 weeks, then consolidated sideways for 4-5 weeks before launching the current uptrend. That's not a fakeout. That's a real trend reversal.
In simple terms, NEAR reversed 6-7 weeks before BTC.
Now the real question is: Are BTC, ETH, and SOL currently going through a similar 6-7 week sideways accumulation phase, quietly building momentum for a sudden breakout? I think there's a real chance.
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