The cryptocurrency market entered the 2024 quarter 2 with a surge in volatility following the Bitcoin price pullback below $70000. This reversal triggered a fresh wave of correction in the majority of major cryptocurrencies including Near Protocol (NEAR). Since mid-March, the NEAR price has experienced a steady correction, falling from $9 to $6, which marks a 33% decrease. However, with pullback sustaining above 50% retracement level and developing a bullish chart pattern, indicating this asset is poised for further growth.