Ethereum (ETH) Poised for Next Leg Up After 50% Rally, Analyst Sees Major Altcoin Gains Ahead

According to Michaël van de Poppe, market corrections during upward trends are normal and healthy for the market. He suggests that altcoins are positioned to experience significant further gains. Citing Ethereum (ETH) as an example, he notes that after a 50% increase, the asset is now in a 'cooling down' period, which he interprets as a consolidation phase before the next major upward movement.
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In the ever-evolving world of cryptocurrency trading, seasoned analyst Michaël van de Poppe, known on Twitter as @CryptoMichNL, recently shared an optimistic outlook on altcoins and Ethereum (ETH). According to his tweet dated July 23, 2025, corrections are a natural part of upward trends and should not deter investors. He emphasized that altcoins are poised to surge much higher, with ETH having already climbed 50% before entering a cooling phase ahead of the next upward leg. This perspective resonates deeply with traders navigating the volatile crypto markets, highlighting opportunities for strategic entries during pullbacks.
Analyzing ETH's Recent Price Surge and Correction
Ethereum's impressive 50% rally, as noted by van de Poppe, underscores a robust bullish momentum in the ETH/USD trading pair. Traders should monitor key support levels around $3,000 to $3,200, which have historically acted as strong bounce points during corrections in upward trends. For instance, on-chain metrics from sources like Glassnode reveal increased ETH accumulation by long-term holders, with the mean coin age rising steadily over the past month, signaling confidence in future gains. Trading volumes on major exchanges have spiked during this rally, averaging over $20 billion daily in the ETH/USDT pair, providing liquidity for both spot and futures positions. As ETH cools down, derivatives traders might consider longing at these support zones, targeting resistance near $4,000, where previous all-time highs could be retested. This setup aligns with van de Poppe's view that the next leg up could propel ETH towards $5,000 or beyond, especially if Bitcoin (BTC) maintains its dominance above 50% in the market cap.
Altcoin Opportunities Amid Market Corrections
Beyond ETH, the broader altcoin market presents compelling trading prospects, as van de Poppe predicts significant upside. Popular altcoins like Solana (SOL) and Cardano (ADA) have shown correlated movements, with SOL/USD experiencing a 30% uptick in the same period as ETH's surge, followed by a 10% correction as of recent trading sessions. On-chain data indicates rising transaction volumes on the Solana network, exceeding 50 million daily transactions, which could fuel further adoption and price appreciation. For traders, focusing on altcoin/BTC pairs offers a hedge against ETH volatility; for example, the SOL/BTC pair has formed a bullish flag pattern on the 4-hour chart, suggesting a potential breakout above 0.0025 BTC. Institutional flows, tracked via reports from firms like CoinShares, show weekly inflows into altcoin funds surpassing $100 million, reinforcing the narrative of an impending rally. Risk management is crucial here—setting stop-losses below recent lows, such as $150 for SOL, can protect against deeper corrections while positioning for the 'great' upward move van de Poppe anticipates.
From a macroeconomic perspective, this optimism ties into broader market sentiment, where crypto correlates with stock market trends, particularly tech-heavy indices like the Nasdaq. As AI-driven innovations boost blockchain applications, tokens linked to decentralized finance (DeFi) and non-fungible tokens (NFTs) could see amplified gains. Traders should watch for cross-market signals, such as rising correlations between ETH and AI-related stocks, opening arbitrage opportunities. In summary, van de Poppe's insights encourage a buy-the-dip strategy, emphasizing that these corrections are mere pauses in a larger bull run. By integrating technical indicators like the Relative Strength Index (RSI) dipping below 50 during cool-offs, and combining them with fundamental drivers like Ethereum's upcoming upgrades, investors can capitalize on what promises to be an exciting phase in crypto trading.
To optimize trading strategies, consider diversifying across multiple pairs: ETH/BTC for relative strength plays, and altcoin/ETH for ecosystem-specific bets. With market indicators pointing to reduced fear via the Crypto Fear & Greed Index hovering around 60 (greed territory), the stage is set for altcoins to outperform. Always verify real-time data from reliable exchanges before executing trades, and remember that while the outlook is bullish, volatility remains inherent in crypto markets.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast