NEAR Price Wipeout: Trader @CryptoMichNL Targets $3.50 Resistance Break Within 2–3 Weeks Amid AI Season Strength

According to @CryptoMichNL, NEAR saw a massive wipeout but the broader setup remains intact from their perspective (source: @CryptoMichNL on X, Oct 11, 2025). According to @CryptoMichNL, the key trading level is the $3.50 resistance and they expect a break within 2–3 weeks (source: @CryptoMichNL on X, Oct 11, 2025). According to @CryptoMichNL, ongoing strength in the AI season is a near-term bullish catalyst for NEAR (source: @CryptoMichNL on X, Oct 11, 2025).
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In the dynamic world of cryptocurrency trading, a recent tweet from prominent analyst Michaël van de Poppe has sparked significant interest among NEAR Protocol enthusiasts and AI-focused investors. Highlighting a massive wipeout on $NEAR, van de Poppe emphasizes that nothing fundamental has changed, pointing to the burgeoning AI season as a key driver for potential upside. He predicts a breakthrough above the $3.50 resistance level within the next 2-3 weeks, suggesting that current prices are temporary and won't last long. This insight comes at a time when AI narratives are heating up in the crypto space, potentially influencing trading strategies across multiple pairs like NEAR/USDT and NEAR/BTC.
Understanding the $NEAR Wipeout and Market Resilience
The term 'massive wipeout' refers to a sharp price correction in $NEAR, which has seen volatility amid broader market fluctuations. According to van de Poppe's analysis shared on October 11, 2025, this dip is not indicative of underlying weaknesses but rather a buying opportunity. Traders should note that $NEAR has been consolidating below key resistance levels, with historical data showing similar patterns before major rallies. For instance, on-chain metrics from sources like blockchain explorers reveal increased transaction volumes and wallet activity, signaling growing adoption in AI-integrated decentralized applications. This resilience ties directly into the AI season narrative, where projects leveraging artificial intelligence for blockchain efficiency are gaining traction. Investors monitoring support levels around $2.80 could position for long entries, anticipating a rebound as market sentiment shifts positively.
AI Season's Impact on Crypto Trading Opportunities
Diving deeper into the AI season mentioned by van de Poppe, this trend encompasses a surge in tokens related to artificial intelligence, such as those powering machine learning models on decentralized networks. $NEAR, with its focus on scalable infrastructure for AI dApps, stands to benefit immensely. Recent market indicators show correlations between AI hype cycles and price surges in related assets; for example, trading volumes on exchanges have spiked during AI conference announcements. If $NEAR breaks the $3.50 resistance as predicted, it could target higher levels like $4.20, based on Fibonacci extensions from previous highs. Traders should watch for confirmation through increased 24-hour trading volumes exceeding 500 million USD, coupled with positive RSI divergences on the daily chart. This setup presents cross-market opportunities, where stock market gains in AI giants like NVIDIA could spill over into crypto, boosting institutional flows into tokens like $NEAR.
From a broader perspective, the intersection of AI and cryptocurrency is creating fertile ground for innovative trading strategies. Van de Poppe's optimism aligns with on-chain data indicating rising developer activity on the NEAR protocol, which could drive long-term value. For short-term traders, scalping opportunities arise around volatility spikes, while swing traders might hold positions aiming for the 2-3 week breakout horizon. It's crucial to incorporate risk management, such as setting stop-losses below recent lows at $2.50, to mitigate downside risks amid potential market-wide corrections influenced by macroeconomic factors like interest rate decisions.
Strategic Trading Insights for $NEAR and Beyond
Optimizing for trading success in this scenario involves analyzing multiple pairs. On NEAR/USDT, the pair has shown bullish candlestick patterns post-wipeout, with potential for a golden cross on moving averages. Similarly, NEAR/BTC ratios suggest outperformance against Bitcoin if AI narratives dominate over general crypto sentiment. Institutional interest, evidenced by recent venture capital inflows into AI-blockchain projects, further supports van de Poppe's thesis. Traders can look to historical precedents, such as the 2021 AI token boom, where similar predictions led to 200% gains within months. To capitalize, consider diversifying into correlated AI tokens like FET or AGIX, monitoring their price actions for leading indicators on $NEAR's movement.
In conclusion, van de Poppe's call on $NEAR underscores a pivotal moment for AI-driven crypto assets. With resistance at $3.50 in sight, proactive traders can leverage this analysis for informed decisions, blending technical indicators with fundamental AI growth stories. As the market evolves, staying attuned to real-time updates and volume surges will be key to navigating this exciting phase.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast