Michaël van de Poppe highlights that NEAR Protocol stays in a downtrend after losing the range low above $4, with the token correcting harder than peers and drawing attention to a potential $3.40 support sweep for accumulation.

According to CrypNuevo, record levels of Bitcoin options expired on Friday, removing the range-pinning effect and setting up a volatility expansion over the next few weeks, source: CrypNuevo on X, Dec 28 2025. He expects a downside liquidity run to occur first as BTC breaks from the recent range, with more volatile price action likely before any sustained trend, source: CrypNuevo on X, Dec 28 2025.