NEAR 代币（NEAR）市场分析——看跌势头可能减弱，为价格反弹奠定基础

NEAR 最近是市场表现最差的代币之一，过去一个月下跌 16.44%，最近 24 小时又下跌 6.57%

NEAR token has been among the worst performers in the market of late, clocking in a 16.44% loss over the last 30 days and another 6.57% in the last 24 hours – Indicative of its bearish trajectory.

NEAR 代币是最近市场上表现最差的代币之一，在过去 30 天里下跌了 16.44%，在过去 24 小时里又下跌了 6.57%——这表明了它的看跌轨迹。

However, despite this negative sentiment, our market analysis showed that bearish momentum may be easing to some extent. This cooling period could pave the way for a significant price rebound, potentially offsetting the recent losses.

然而，尽管存在这种负面情绪，但我们的市场分析表明，看跌势头可能会在一定程度上有所缓解。这一冷却期可能为价格大幅反弹铺平道路，有可能抵消近期的损失。

Lack of engagement pushes NEAR lower

缺乏参与度导致近乎更低

According to Artemis, there has been a decline in Daily Active Addresses on the NEAR network, which shows fading interest from users and investors.

据 Artemis 称，NEAR 网络上的每日活跃地址有所下降，这表明用户和投资者的兴趣正在减弱。

Active Addresses (AA) serve as a key measure of a network’s utility and usage, which are closely linked to a token’s perceived value. When both Active Addresses and the price drop simultaneously, it signals diminishing interest, potentially leading to further price declines.

活跃地址（AA）是衡量网络效用和使用情况的关键指标，与代币的感知价值密切相关。当活跃地址和价格同时下跌时，则表明兴趣减弱，可能导致价格进一步下跌。

At press time, NEAR’s Daily Active Addresses fell sharply for four consecutive days, dropping from 4.4 million to 3.9 million. This decline was mirrored in NEAR’s price, with the crypto trading at $5.11 at press time, according to CoinMarketCap.

截至发稿，NEAR 日活跃地址连续四天大幅下滑，从 440 万降至 390 万。根据 CoinMarketCap 的数据，这种下降反映在 NEAR 的价格上，截至发稿时，加密货币交易价格为 5.11 美元。

Source: Artemis

来源：阿耳忒弥斯

Furthermore, our analysis also showed high selling pressure, particularly from derivative traders, further weighing on NEAR’s price performance.

此外，我们的分析还显示抛售压力很大，尤其是来自衍生品交易商的抛售压力，进一步打压 NEAR 的价格表现。

Derivative traders show lack of confidence in NEAR

衍生品交易员对 NEAR 缺乏信心

There has also been a surge in selling pressure on NEAR, especially among derivative traders who have been predominantly taking up short positions.

NEAR 的抛售压力也激增，尤其是主要持有空头头寸的衍生品交易商。

According to Coinglass, the long-to-short ratio for NEAR had a reading of 0.8793, indicating a higher volume of short contracts. Traders open short positions when they are expecting a price decline. A long-to-short ratio below 1 reflects a higher number of sellers, with lower readings signifying stronger bearish sentiment.

根据 Coinglass 的数据，NEAR 的多空比率读数为 0.8793，表明空头合约交易量较高。交易者在预期价格下跌时开设空头头寸。多空比率低于 1 反映出卖家数量较多，读数较低则表明看跌情绪较强。

The impact of this selling pressure seemed to be evident when NEAR’s Open Interest was checked out. In fact, it dropped by 6.86% over the last 24 hours, falling to $237.39 million on the charts.

当检查 NEAR 的未平仓合约时，这种抛售压力的影响似乎很明显。事实上，它在过去 24 小时内下跌了 6.86%，在排行榜上跌至 2.3739 亿美元。

Source: Coinglass

来源：Coinglass

Liquidation data further reflected the bearish market sentiment. Of the $966,310 worth of contracts liquidated in the market, $901,510 came from long traders, who faced losses as the price moved against their predictions. This trend suggests that NEAR’s price may continue its downward trajectory.

清算数据进一步反映了看跌的市场情绪。在市场上清算的价值 966,310 美元的合约中，901,510 美元来自多头交易者，他们因价格走势与他们的预测相反而面临损失。这一趋势表明 NEAR 的价格可能会继续下行。

However, technical indicators seemed to point towards a possible weakening of the bearish trend.

然而，技术指标似乎表明看跌趋势可能减弱。

For instance – The Average Directional Index (ADX), which measures the strength of a market trend, revealed a declining value on the weekly chart. A high ADX reading indicates a strong trend, while a downward ADX suggests weakening momentum.

例如，衡量市场趋势强度的平均方向指数（ADX）在周线图上显示出下降的值。 ADX 读数较高表明趋势强劲，而 ADX 读数下降表明势头减弱。

At press time, NEAR’s ADX had a reading of 17.85 while on a downtrend, meaning that selling activity may subside soon. If this trend persists, NEAR could see a rebound and begin trading higher.

截至发稿时，NEAR 的 ADX 读数为 17.85，处于下降趋势，这意味着抛售活动可能很快就会消退。如果这种趋势持续下去，NEAR 可能会反弹并开始走高。

Source: Trading View

来源：交易观点

What’s next for NEAR?

NEAR 的下一步是什么？

On the weekly chart, NEAR appeared to be trading within a symmetrical triangle pattern—A consolidation phase where the price narrows between defined support and resistance levels as buying activity gradually increases. Historically, such a pattern often precedes a significant upward breakout.

在周线图上，NEAR 似乎在对称三角形模式内交易——这是一个盘整阶段，随着购买活动逐渐增加，价格在确定的支撑位和阻力位之间收窄。从历史上看，这种模式通常先于显着的向上突破。

However, sustained selling pressure could push NEAR down to the $4.625 support level, or potentially lower, towards the base of the symmetrical channel.

然而，持续的抛售压力可能会将 NEAR 推低至 4.625 美元的支撑位，或者可能更低，接近对称通道的底部。

Source: Trading View

来源：交易观点

This decline would likely mark the final leg of the ongoing downtrend before a rebound, with the asset expected to climb back to at least $10 on the charts.

此次下跌可能标志着反弹之前持续下跌趋势的最后一段，预计该资产将回升至图表上至少 10 美元。

In this context, the ongoing downturn may serve as a precursor to a major price swing in the near future.

在这种背景下，持续的低迷可能成为近期价格大幅波动的先兆。