According to Michaël van de Poppe, July was a significant month for Ethereum (ETH) with notable upward momentum, positioning ETH as a market leader and indicating the potential for substantially higher prices in the upcoming months. However, van de Poppe emphasizes that market corrections are natural and identifies the current dip as a favorable entry point for traders seeking exposure to ETH. This analysis suggests that ETH's recent performance may set the tone for broader crypto market movements in the near term (source: Michaël van de Poppe).