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Ethereum is about to break out, Altcoins will follow Bitcoin soon

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Cryptocurrency analyst Michaël van de Poppe has shared a new market outlook, suggesting that Ethereum (ETH) could be headed for a major move. He also presented his broader market cycle theory to predict the upcoming trend.

Michaël van de Poppe believes that Ethereum is preparing for a major breakout after more than a month of accumulation.

If the $2,800 resistance level is broken, ETH could rise to $3,400–$3,500. Conversely, $2,575 is a key support zone to hold to avoid a deeper correction.

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Cryptocurrency Cycle: Bitcoin Leads, Altcoins Follow
Van de Poppe reaffirms his market cycle theory: Bitcoin goes up first, then consolidates, followed by Ethereum, then altcoins. He now believes Ethereum is in a phase where it could break out, paving the way for an altcoin rally.

He sees strong flows of money into DeFi projects and the Ethereum ecosystem, indicating a return to “ risk-on ” sentiment — investors are willing to take on higher risks in search of greater returns.

 

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