NEAR: Trader Eyes Upside Run on Bitcoin Bounce

Michaël van de Poppe notes markets sit in strange equilibrium with the SpaceX IPO looming and volatility expected. Long-term holders should accumulate dips while day traders watch $NEAR hold support without full conviction yet.

NEAR price prediction turns bullish once BTC rebounds, triggering an active long into prior highs where altcoin scaling occurs. Traders can now access $NEAR perpetuals directly on OKX X-Perps.

NEAR token technical analysis on the 4h chart shows price at $2.04 testing EMA200 support at $2.02 while EMA50 resistance sits at $2.15 and MACD prints a death cross at -0.03. With RSI neutral at 46.65 and price inside Bollinger Bands, the next move likely targets upper band resistance at $2.25 only after a clean bounce above the 50-EMA confirms renewed momentum.