🔍 Overview $BTC

NEAR Protocol (NEAR) has been closely shadowing Bitcoin’s recent movements. After a solid rally and a sharp rejection from recent highs, NEAR traders are left asking:

"Is this just a dip... or the beginning of a bigger correction?"

And most importantly:

"Is it time to enter—or wait?"

Let’s explore what’s going on under the hood of the market.

📉 Bitcoin: What’s Driving the Volatility?

BTC’s recent pullback was driven by both global events and technical pressure. Here are the key catalysts behind the dip:

1. Middle East Tensions

Geopolitical instability between Israel and Iran triggered a spike in fear. Traditionally, such uncertainty pushes investors toward gold—yet Bitcoin fell by over 4%, shaking its status as “digital gold.”

2. Loss of Confidence in BTC’s Safe-Haven Narrative

Peter Schiff, a known Bitcoin critic, pointed out that BTC didn’t rise during crisis, while gold did. His comments fueled bearish sentiment, especially among retail traders.

3. Spot ETF Inflows Gave Temporary Relief

Despite the sell-off, over $300 million flowed into spot Bitcoin ETFs, a sign that institutions are still buying the dip.

4. Weaker Dollar Provided Short-Term Bounce

The US dollar index (DXY) weakened slightly, allowing a brief BTC rebound to the $106K–108K range.

📊 BTC: At a Critical Technical Zone

LevelSignificance$104K–106KMajor support zone$108K–112KResistance zoneMACD / RSIBearish-to-neutral on 1D & 4H

⚠️ If BTC drops below $104K, a sharper correction is likely.

📈 NEAR's Outlook: Dependent on Bitcoin’s Fate

NEAR has mirrored BTC’s moves and is currently reacting to the same signals.

✅ If BTC holds support:

NEAR likely resumes upward move

Targets: $2.35 → $2.44 → $2.52

❌ If BTC loses support:

NEAR may correct further toward $2.15–2.18

Watch for breaks below EMA(99) on the hourly chart

🧭 Optimal Trading Plan for NEAR

ActionTriggerBuy EntryBTC bounces from $106K AND NEAR holds above EMA(25)Stop-LossBelow $2.20 or EMA(99) (1H chart)Take Profit (TP)TP1: $2.35 – TP2: $2.44 – TP3: $2.52

Patience and confirmation are key—don't rush entries during macro-driven moves.

🧠 Final Thoughts

NEAR is moving in lockstep with Bitcoin, so it’s crucial to track BTC’s price structure, sentiment, and macro triggers.

With ETF inflows showing strength but geopolitical tension casting doubt, markets remain uncertain. For now, the best edge is caution, confirmation, and clarity.

✨ Patience is a position—and sometimes the most profitable one.