According to @CryptoMichNL, NEAR is in an accumulation phase and was ready to break higher, prompting a preference to accumulate the position for potential upside, source: @CryptoMichNL on X, Nov 29, 2025. He states that NEAR Intents has seen a massive acceleration in revenue and interest, indicating stronger fundamentals versus current pricing, source: @CryptoMichNL on X, Nov 29, 2025. He adds that the NEAR token is significantly undervalued in both USD and BTC terms, suggesting a mispricing between price and fundamental growth that could favor accumulation strategies, source: @CryptoMichNL on X, Nov 29, 2025.

According to @Andre_Dragosch, Bitcoin (BTC) is already approaching a deep value zone, suggesting traders should tune out short-term volatility noise and refocus on valuation-driven setups. Source: @Andre_Dragosch on X, Nov 22, 2025. Deep value in BTC is commonly identified when MVRV falls below 1.0, indicating spot trades under the average on-chain cost basis, a condition historically linked to accumulation windows. Source: Coin Metrics MVRV definition and research. The Puell Multiple is used to track miner revenue stress at market lows, with sub-0.5 readings frequently coinciding with prior bottoming phases. Source: David Puell and Glassnode research on Puell Multiple. The Mayer Multiple compares price to the 200-day moving average and signals undervaluation when meaningfully below long-run norms (often cited <0.8–0.9 during major cycle lows). Source: Trace Mayer’s Mayer Multiple methodology. Price interaction with realized price is also monitored as a cycle-floor proxy that has historically marked value-buying zones during bear market exhaustion. Source: Coin Metrics realized price research. Actionably, traders can deploy dollar-cost averaging, stagger bids near on-chain value references, and wait for multi-indicator alignment before increasing risk while headlines remain noisy. Source: CFA Institute guidance on dollar-cost averaging and risk management.

According to the author, the ongoing debate over blockchain valuation models creates significant uncertainty in cryptocurrency markets, leading to increased volatility and challenges for traders in assessing assets like ETH and BTC. The author compares this to early internet valuation struggles, noting that current flawed models, such as discounted cash flow, fail to capture blockchain's unique aspects as public infrastructure, which affects investment decisions and price stability. This is evident in recent market data, where ETHUSDT dropped 1.461% to $2447.22, highlighting the need for new frameworks like velocity and flow to improve trading strategies. The author emphasizes that better valuation could reduce risk and enhance crypto market efficiency, as historical tech evolution shows models must adapt to innovation.