NEAR 代幣（NEAR）市場分析－看跌勢頭可能減弱，為價格反彈奠定基礎

NEAR 最近是市場表現最差的代幣之一，過去一個月下跌 16.44%，過去 24 小時又下跌 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 代幣是最近市場上表現最差的代幣之一，在過去 30 天下跌了 16.44%，在過去 24 小時裡又下跌了 6.57%——這表明了它的看跌軌跡。

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，儘管存在這種負面情緒，但我們的市場分析表明，看跌勢頭可能會在一定程度上有所緩解。這一冷卻期可能為價格大幅反彈鋪平道路，並有可能抵消近期的損失。

Lack of engagement pushes NEAR lower

缺乏參與度導致近乎更低

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

據 Artemis 稱，NEAR 網路上的每日活躍地址有所下降，這表明用戶和投資者的興趣正在減弱。

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.

活躍地址（AA）是衡量網路效用和使用情況的關鍵指標，與代幣的感知價值密切相關。當活躍地址和價格同時下跌時，則表示興趣減弱，可能導致價格進一步下跌。

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.

截至發稿，NEAR 日活躍地址連續四天大幅下滑，從 440 萬降至 390 萬。根據 CoinMarketCap 的數據，這種下降反映在 NEAR 的價格上，截至發稿時，加密貨幣交易價格為 5.11 美元。

Source: Artemis

來源：阿耳忒彌斯

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

此外，我們的分析也顯示拋售壓力很大，尤其是來自衍生性商品交易商的拋售壓力，進一步打壓 NEAR 的價格表現。

Derivative traders show lack of confidence in NEAR

衍生性商品交易者對 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 的拋售壓力也激增，尤其是主要持有空頭部位的衍生性商品交易商。

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.

根據 Coinglass 的數據，NEAR 的多空比率讀數為 0.8793，顯示空頭合約交易量較高。交易者在預期價格下跌時開設空頭部位。多空比率低於 1 反映出賣家數量較多，讀數較低則表示看跌情緒較強。

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.

當檢查 NEAR 的未平倉合約時，這種拋售壓力的影響似乎很明顯。事實上，它在過去 24 小時內下跌了 6.86%，在排行榜上跌至 2.3739 億美元。

Source: Coinglass

來源：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.

清算數據進一步反映了看跌的市場情緒。在市場上清算的價值 966,310 美元的合約中，901,510 美元來自多頭交易者，他們因價格走勢與他們的預測相反而面臨損失。這一趨勢表明 NEAR 的價格可能會繼續下行。

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

然而，技術指標似乎顯示看跌趨勢可能減弱。

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，衡量市場趨勢強度的平均方向指數（ADX）在周線圖上顯示出下降的數值。 ADX 讀數較高表示趨勢強勁，而 ADX 讀數下降表示勢頭減弱。

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.

截至發稿時，NEAR 的 ADX 讀數為 17.85，處於下降趨勢，這意味著拋售活動可能很快就會消退。如果這種趨勢持續下去，NEAR 可能會反彈並開始走高。

Source: Trading View

來源：交易觀點

What’s next for NEAR?

NEAR 的下一步是什麼？

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.

在周線圖上，NEAR 似乎在對稱三角形模式內交易——這是一個盤整階段，隨著購買活動逐漸增加，價格在確定的支撐位和阻力位之間收窄。從歷史上看，這種模式通常先於顯著的向上突破。

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，持續的拋售壓力可能會將 NEAR 推低至 4.625 美元的支撐位，或者可能更低，接近對稱通道的底部。

Source: Trading View

來源：交易觀點

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.

這次下跌可能標誌著反彈之前持續下跌趨勢的最後一段，預計該資產將回升至圖表上至少 10 美元。

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

在這種背景下，持續的低迷可能成為近期價格大幅波動的先兆。