ETH: Van de Poppe Shifts Preference Over BTC
ETH at $1748.88 shows resilience versus BTC correction as Michaël van de Poppe declares uptrend shift, first in over a year.
SourceAnalysis
ETH offers a stronger parking spot than BTC according to Michaël van de Poppe, who notes Ethereum's resilience after the recent Bitcoin pullback left ETH largely unscathed while the asset sits in its first sustained uptrend in over a year. The analyst expects any meaningful ETH correction only after a sharp, volatile Bitcoin rally, signaling a clear trend shift. On the 4h chart ETH trades at $1748.88 inside the Bollinger Bands with the upper resistance at $1804.25 acting as the near-term volatility target, while the EMA50 at $1730.44 provides concrete long-term support and the EMA200 at $1747.87 sits just beneath price; despite the MACD death cross at 9.53 the neutral RSI at 47.01 keeps momentum balanced, suggesting a healthy test of the 50-EMA before continuation. This setup aligns with broader ETH price prediction models and Ethereum resilience in corrections narratives that traders now monitor alongside any potential Bitcoin dominance shift.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast