Bitcoin and Solana test key support as NEAR and HYPE face selling pressure

Several major cryptocurrencies, including Bitcoin , Solana , Near Protocol, and Hyperliquid , are encountering critical support levels amid heightened selling activity and fading momentum. Technical signals point to increased caution across the market, as investors closely monitor whether support zones will hold or further declines are on the horizon. Near Protocol (NEAR), a layer-1 blockchain platform supporting decentralized applications, has faced heavy selling pressure after failing to break through resistance between $5.80 and $6.00. The cryptocurrency is presently correcting toward the $4.65 to $4.70 support area, with the latest daily candle showing a high of $5.06 and a low of $4.74, underlining ongoing volatility. NEAR’s technical outlook remains cautiously optimistic as long as buyers defend the $4.60 level.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.