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NEAR Crashes 5% Then Skyrockets in Wild Recovery—Traders Left Gasping
NEAR Crashes 5% Then Skyrockets in Wild Recovery—Traders Left Gasping
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NEAR Protocol just gave crypto traders whiplash with a gut-punch 5% drop—only to stage a violent rebound that left shorts scrambling.
V-shaped recovery or dead cat bounce?
The Layer 1 token's rollercoaster move comes as the broader market tests key support levels. NEAR's flash crash and subsequent rip higher mirrors the kind of volatility that separates diamond hands from paper hands.
Market makers clearly still have their algo-trading bots cranked to 'maximum pain' setting. Meanwhile, retail traders are left wondering if this is the dip to buy—or just another liquidity grab before the next leg down.
Funny how these 'technical corrections' always seem to benefit the whales with the fastest APIs. Stay nimble out there.
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