According to Michaël van de Poppe (@CryptoMichNL), Bitcoin has surged above $110,000 while Ethereum is currently outperforming in relative strength. This breakout to new highs signals strong bullish momentum for both BTC and ETH, with traders closely watching for potential continuation patterns and profit-taking zones. The rapid rise in Bitcoin price is likely to increase volatility across the crypto market, prompting traders to adjust positions and manage risk. Ethereum’s outperformance suggests renewed interest in altcoins and may influence sector rotations, with potential spillover effects for DeFi and Layer 2 projects. (Source: Michaël van de Poppe, Twitter, May 22, 2025)