NEAR: Michaël van de Poppe Books Gains at $1.95
NEAR hits $1.95 after Michaël van de Poppe bought between $1.10-1.30; TAO and NEAR now exceed 55% of his altcoin portfolio amid Bitcoin consolidation.
SourceAnalysis
Michaël van de Poppe reveals his largest position in NEAR has surged from the $1.10-1.30 entry zone straight to $1.95, prompting active rotation across his altcoin book.
The trader keeps NEAR and TAO above 55% of total exposure while trimming smaller names like PEAQ and adding to REZ and W on fresh dips, capitalizing on the regime shift that follows Bitcoin consolidation.
With price testing upper Bollinger resistance at $1.9 while RSI flashes overbought at 79.63, a healthy retracement to the 50-EMA support at $1.63 seems probable before further continuation; the 200-EMA at $1.49 remains the deeper structural floor that has anchored the bullish trend since the last six months of range expansion.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast