Recently, NEAR's price movement has been quite aggressive—rising directly from a low of $1.642 to a new high of $1.768, a 5.87% increase in just 24 hours. This surge is not just hype; there is real capital backing it: 24-hour trading volume exceeds 8.15 million USDC, with a trading volume of 4.79 million, clearly indicating signs of large funds lurking at low levels and then pushing the price up collectively. That bottom-rebound and violent surge candlestick looks like a rocket soaring straight into the sky.

Looking at the cycle performance also confirms that the bullish momentum is strong. 7-day increase of 0.63%, 30-day increase of 6.83%, indicating that medium-term buying enthusiasm continues to accumulate. Although the 90-day decline is 28.30% and the 1-year loss is 65.15%, the short-term upward trend is indeed established at the moment.

**If you want to participate in this wave of market movement, you might consider:**

Chasing the high is too risky; it's better to wait for the price to retrace to the $1.73-$1.75 range before entering on dips, using the recent key support levels as entry points. This approach is more solid.

Regarding targets, the first level is $1.77; securing this level would be considered a gain. If the strength continues, the second level is $1.80, and if the price breaks through higher resistance, it could even surge toward $1.85.

Risk control should be the top priority—set stop-loss at $1.70. Once the price falls below this line, the short-term rally pattern is likely to break, and it’s time to exit decisively.

My feeling is that this rocket-like surge is a signal of the bulls' counterattack. However, for those shorting, there’s no need to participate in this kind of market at this stage; going against the trend often results in heavy losses. If you are bullish, wait for the retracement calmly; low-position entries can more reliably capture the profits from this rally. Lastly, remember to control your position size and leave room for potential corrections.