According to Michaël van de Poppe, falling rates could drive strong upside momentum in altcoins, with $S highlighted after taking liquidity below prior lows and holding strong support, source: Michaël van de Poppe (@CryptoMichNL). According to Michaël van de Poppe, $S also has near-term fundamental catalysts as its testnet is about to go live featuring account abstraction and ETH-compatible Pectra elements, source: Michaël van de Poppe (@CryptoMichNL).

According to Michaël van de Poppe (@CryptoMichNL), Ethereum ($ETH) is exhibiting renewed bullish momentum, breaking a period of relative inactivity. This uptick in $ETH trading volume and price action signals a potential shift in market sentiment toward altcoins, with Ethereum leading the charge. Traders are closely monitoring resistance and support levels as $ETH’s resurgence could influence broader crypto market dynamics, particularly for DeFi and Layer 2 projects tied to Ethereum’s ecosystem (source: Twitter, Michaël van de Poppe, May 8, 2025).