NEAR trades at $2.34 with trader targeting €2.00 support flip as Bitcoin liquidity flows support altcoin rebounds.

According to @CryptoMichNL, altcoin market capitalization has dropped back to the October 10 wick area and is now sitting on a crucial support after notably negative social sentiment, suggesting the market is at an inflection zone for traders; source: X/@CryptoMichNL, Dec 21, 2025. He adds that recent price action shows pretty good bounces from this level, indicating the likelihood of green candles ahead if support holds; source: X/@CryptoMichNL, Dec 21, 2025.

According to Santiment, BTC briefly spiked to about $90,087 on Coinbase before retracing to roughly $86,580 at the time of the post (source: Santiment, X post, Dec 17, 2025). According to Santiment, rising positive BTC funding rates across exchanges indicate heavier leveraged long positioning, a setup that has historically preceded sharp liquidations, volatility spikes, and local tops or pullbacks (source: Santiment, X post; Santiment dashboard app.santiment.net/s/iUiEzzfd?utm_source=x&utm_medium=post&utm_campaign=x_btc_eth_total_aggregated_funding_rates_b_121725/&fpr=twitter). According to Santiment, ETH currently shows shorts outweighing longs, signaling weaker bullish conviction and comparatively lower immediate squeeze risk versus BTC (source: Santiment, X post; Santiment dashboard). According to Santiment, because crypto assets broadly track BTC, a cleaner path back toward $100K for BTC and an altcoin rebound requires BTC funding rates to normalize to neutral or turn negative (source: Santiment, X post). According to Santiment, traders can track aggregated BTC and ETH funding rates in real time via its dashboard to gauge leverage and liquidation risk (source: Santiment dashboard app.santiment.net/s/iUiEzzfd?utm_source=x&utm_medium=post&utm_campaign=x_btc_eth_total_aggregated_funding_rates_b_121725/&fpr=twitter).

According to @CryptoMichNL, NEAR Intents trading volume expanded about 200% in October and over 100% in November, pointing to rising network usage despite price weakness, source: @CryptoMichNL on X, Dec 7, 2025. He states NEAR’s token price fell substantially while activity surged, creating a perceived gap between fair value and market price that he views as an accumulation opportunity, source: @CryptoMichNL on X, Dec 7, 2025. He adds the recent drawdown is driven by broader market conditions rather than NEAR-specific factors and expects NEAR to rebound strongly when overall market strength returns, source: @CryptoMichNL on X, Dec 7, 2025.

According to @ai_9684xtpa, the mid-term altcoin selloff appears finished after five consecutive weekly declines, setting up potential strength for UNI if altcoins rebound, with the view explicitly sourced to @ai_9684xtpa. According to @ai_9684xtpa, UNI is in focus due to the Uniswap fee switch proposal and is not facing historical supply overhang, positioning it as a fundamentally supported outperformer, as stated by @ai_9684xtpa. According to @ai_9684xtpa, UNI has retraced to pre–fee switch proposal price levels, creating a perceived entry advantage, per @ai_9684xtpa. According to @ai_9684xtpa, the bullish thesis is invalidated if UNI breaks below 6.5 USD, offering a clear risk level for traders, as cited from @ai_9684xtpa.

According to @CryptoMichNL, NEAR (NEAR) shows a major disconnect as on-chain intents are going parabolic and protocol revenue is rising while price lags, source: @CryptoMichNL on X. He says the recent dip offered accumulation opportunities and recommends building positions across the AI vertical, source: @CryptoMichNL on X. He warns of a market-wide correction and adds that once BTC finds a bottom, assets that led before the pullback, including NEAR, tend to rebound the fastest, source: @CryptoMichNL on X.