NEAR: Trader Cuts 20% Stake After 150% Rally
NEAR at $2.82 sees 20% position trim at $2.95 as RSI hits 74.09; altcoin money rotation after 150% rallies historical patterns point to SEI and W buys.
SourceAnalysis
Michaël van de Poppe sold another 20% of his $NEAR holdings at $2.95 for $5,606, trimming the allocation to 24% after the token delivered a 140-190% gain from entry and a 150% surge in weeks. The move reflects standard crypto altcoin money rotation after 150% rallies historical patterns, with capital shifting into $SEI and $W for superior short-term upside. NEAR price prediction models still target a new all-time high by 2027, yet the immediate risk-reward favors rotation. On the 4h chart, price at $2.82 tests the upper Bollinger Band resistance at $2.94 while RSI(14) prints 74.09 in overbought territory and MACD maintains its golden cross; this confluence typically precedes a healthy pullback toward the EMA50 support at $2.21 before any further advance.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast