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Michael van de Poppe shares his perspective on current market momentum for NEAR and the broader altcoin sector. He observes that, although conditions have improved and markets are strengthening after the FOMC, further momentum is needed to drive NEAR towards higher levels.
He adds that growing strength in altcoin markets is a key reason for his continued interest in this position.
Van de Poppe has recently identified key support zones for Bitcoin at $66,000 and $61,000, noting particular focus on the 200-week moving average. He also highlighted ETH's daily RSI reaching its lowest level on record. These observations come as traders assess shifting conditions across major digital assets.