According to Michaël van de Poppe, Ethereum (ETH) is currently testing its recent highs on both USD and BTC trading pairs, but the breakout lacks strong momentum. Van de Poppe suggests that if a price correction occurs, it could present a compelling accumulation opportunity for traders. This technical setup indicates that ETH traders should monitor potential pullbacks for favorable entry points, as momentum is not yet decisively bullish. Source: Michaël van de Poppe.

According to Mihir (@RhythmicAnalyst), analyzing altcoins that lack a BTC pair requires focusing on their performance against stablecoins or fiat pairs, liquidity, and trading volume. This approach helps in assessing their price action and potential for trading opportunities, emphasizing the importance of liquidity and volume as key indicators of market interest and stability.