NEAR: Trader Trims Profits on Market Strength

Michaël van de Poppe trimmed most of his $NEAR trade after the take-profit area was reached, citing phenomenal price action and sustained strength versus the broader market even as he maintains a sizable position in his altcoin portfolio. The trader noted that further upside appears likely if Bitcoin enters consolidation, aligning with recent NEAR token altcoin market strength drivers observed over the past year. On the 4h chart, NEAR trades at $2.86 inside the Bollinger Bands with upper resistance at $3.03 and lower support at $2.14; the bullish EMA50 at $2.5 and EMA200 at $2.02 continue to act as concrete support levels while the MACD golden cross at 0.12 reinforces momentum despite neutral RSI at 62.21, suggesting a healthy pullback to the 50-EMA before continuation. This setup echoes NEAR Protocol historical price performance vs Bitcoin patterns where relative strength often emerges during BTC pauses, supporting the case for NEAR price prediction models that favor longs over shorts in the current regime.