Near Protocol (NEAR) is exhibiting a rounding bottom pattern on the 4-hour chart as the cryptocurrency market experiences a correction. The price of NEAR has stabilized around $1.4062, with buying pressure preventing further declines and pushing it towards $1.5524. A breakout above $1.7576 could indicate a bullish reversal for NEAR. Currently, NEAR is down approximately 3% for the day, while Bitcoin is trading near $88,000, reflecting the broader market downturn. Traders are closely watching these levels for potential signs of recovery in NEAR's price action.