According to CryptoMichNL, Optimism (OP) is currently exhibiting a higher timeframe bullish divergence, which is a technical signal often associated with potential upward price movement. The analysis suggests that if Ethereum (ETH) continues its breakout, OP may yield a higher beta, meaning it could outperform ETH in terms of price volatility and gains. This additional technical confirmation provides traders with actionable insights for taking long positions or increasing exposure to OP if ETH maintains its bullish momentum. Source: CryptoMichNL on Twitter, June 11, 2025.