NEAR Protocol (NEAR) and Sui (SUI) are both printing bullish falling wedge patterns on their price charts, a technical setup that often precedes an upside breakout, as the broader cryptocurrency market rides a wave of renewed optimism that has pushed the CMC Crypto Fear and Greed Index to 83, a reading firmly in Extreme Greed territory.

Bitcoin is trading near $80,500, closer to the $100,000 mark than to the $60,000 level, while Ethereum (ETH) sits at approximately $2,500. The sharp rally across major assets since last week has caught much of the crypto community off guard, with only a handful of analysts having anticipated the swift shift from bearish to bullish momentum.

Among those who did see it coming is Doctor Profit, an analyst…