As per van de Poppe, Ethereum (ETH) is seeking a substantial surge. He highlights that ETH has experienced a robust consolidation lasting over a month after its initial 90% price increase. This prolonged consolidation indicates an accumulation of potential energy for the upcoming major price movement.
According to Van de Poppe, he has a distinct goal in mind: “If the resistance at $2,800 is broken, I expect we’ll witness an advance towards $3,400-$3,500.
Reaching this technical level is essential for us to capitalize on more gains. On the flip side, he marks $2,575 as a vital “zone to maintain,” implying it’s an important foundation to avoid a significant pullback.
The Crypto Cycle: Bitcoin Leads, Altcoins Follow
Van de Poppe repeatedly emphasized his long-held viewpoint on the behavior of assets within the cryptocurrency market, detailing a common pattern in their performance.
- Bitcoin (BTC) moves upwards.
- Bitcoin consolidates.
- Ethereum (ETH) starts to follow.
- Altcoins outperform Ethereum.
After Bitcoin’s recent surge and stabilization, it seems likely that Ethereum could experience a substantial increase next, which might trigger a wider rally among other alternative coins.
As a crypto investor, I’m noticing an exciting trend: there seems to be a growing surge of momentum coming from DeFi and Ethereum ecosystem projects. To me, this is a powerful indicator. This shift signals that investors are becoming more interested in higher-risk, higher-reward assets within the decentralized finance sector and the broader Ethereum ecosystem. In other words, it appears that “risk-on” strategies are becoming more popular. This means that investors are increasingly ready to take on more risk in the crypto space in search of better returns.
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2025-06-10 21:51