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2025-05-10
19:40
ETH Bullish Divergence Signals Trend Reversal and Breakout: Altcoin Weekly Divergences Boost Crypto Market Outlook

According to Michaël van de Poppe (@CryptoMichNL), a bullish divergence on Ethereum (ETH) observed three weeks ago signaled a potential trend reversal, which was confirmed by the formation of a higher low and followed by a significant breakout. This clear trendswitch highlights a shift in market sentiment for ETH. Currently, a daily bullish divergence is noted, and similar weekly divergences are developing across multiple major altcoins, suggesting sustained positive momentum for the broader crypto market. These technical signals provide actionable insights for traders, indicating potential buying opportunities and reinforcing bullish sentiment across leading cryptocurrencies (Source: Twitter/@CryptoMichNL, May 10, 2025).

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