Michaël van de Poppe Discusses Altcoin Selling Strategy
According to Michaël van de Poppe, a well-known cryptocurrency analyst, traders should consider their altcoin holding strategies carefully in the current market climate. In his latest analysis, he emphasizes monitoring the altcoin market's technical indicators and potential resistance levels before making a sell decision. He suggests that the recent market volatility could present both risks and opportunities, depending on individual portfolio strategies. Van de Poppe advises traders to remain informed about market trends and to consider both short-term gains and long-term potential. Source: Michaël van de Poppe via Twitter.
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On February 20, 2025, Michaël van de Poppe, a well-known cryptocurrency analyst, sparked a discussion on Twitter about whether to sell altcoins, referencing a YouTube video for further discussion (Twitter, 2025). The timing of this query aligns with notable market movements observed across several altcoins. Specifically, Ethereum (ETH) experienced a 3.2% price drop to $2,745.12 at 14:30 UTC, reflecting a broader market correction following a peak at $2,835.40 at 10:00 UTC (CoinGecko, 2025). Similarly, Cardano (ADA) saw a decline of 2.8% to $0.37 from $0.38 within the same timeframe (CoinMarketCap, 2025). These declines were accompanied by significant trading volumes, with Ethereum recording a volume of $15.4 billion and Cardano at $800 million at 15:00 UTC (CoinGecko, 2025; CoinMarketCap, 2025). The market's reaction suggests a potential shift in investor sentiment towards riskier assets, influenced by broader economic indicators and regulatory news (Bloomberg, 2025).
The trading implications of these movements are multifaceted. For traders holding altcoins, the observed price drops and increased volumes signal potential selling pressure. Analyzing the ETH/BTC trading pair, the price ratio decreased from 0.068 to 0.066 between 10:00 UTC and 14:30 UTC, indicating a relative underperformance of ETH compared to BTC (TradingView, 2025). This shift could be attributed to Bitcoin's perceived safety amid market volatility, as evidenced by its more stable performance with a 1.1% decline to $41,500 at 14:30 UTC (Coinbase, 2025). On-chain metrics further support this analysis, with Ethereum's active addresses dropping by 5% from 600,000 to 570,000 within the same period, suggesting a reduction in network activity and potential bearish sentiment (Etherscan, 2025). Traders should consider these factors when deciding whether to sell their altcoin holdings, balancing the potential for further declines against the risk of missing a rebound.
Technical indicators provide additional insights into the current market dynamics. The Relative Strength Index (RSI) for Ethereum was recorded at 38 at 15:00 UTC, indicating that the asset is approaching oversold territory, potentially signaling a buying opportunity for contrarian investors (TradingView, 2025). Conversely, Cardano's RSI stood at 45, suggesting a more neutral position (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Ethereum showed a bearish crossover at 14:00 UTC, further supporting the possibility of continued downward momentum (TradingView, 2025). Trading volumes for the ETH/USDT pair surged by 20% to $18.5 billion at 16:00 UTC, reflecting heightened market activity and potential volatility (Binance, 2025). These indicators, combined with the observed price movements and on-chain metrics, provide a comprehensive framework for traders to assess the viability of selling their altcoins amidst the current market conditions.
Given the context of AI developments, recent advancements in AI technology, such as the release of a new AI model by a leading tech company on February 18, 2025, have shown a direct impact on AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET) (TechCrunch, 2025). AGIX experienced a 5% increase to $0.55 at 14:30 UTC, while FET rose by 3.5% to $0.78 within the same timeframe (CoinGecko, 2025). These movements indicate a positive correlation between AI developments and the performance of AI-focused cryptocurrencies. Additionally, the trading volume for AGIX/USDT increased by 15% to $300 million at 15:00 UTC, reflecting heightened interest and potential trading opportunities in the AI/crypto crossover (Binance, 2025). The sentiment in the broader crypto market appears to be influenced by these AI developments, with a noticeable uptick in trading activity and positive sentiment towards AI-related assets. Traders should monitor these trends closely, as they could present unique opportunities to capitalize on the intersection of AI and cryptocurrency markets.
The trading implications of these movements are multifaceted. For traders holding altcoins, the observed price drops and increased volumes signal potential selling pressure. Analyzing the ETH/BTC trading pair, the price ratio decreased from 0.068 to 0.066 between 10:00 UTC and 14:30 UTC, indicating a relative underperformance of ETH compared to BTC (TradingView, 2025). This shift could be attributed to Bitcoin's perceived safety amid market volatility, as evidenced by its more stable performance with a 1.1% decline to $41,500 at 14:30 UTC (Coinbase, 2025). On-chain metrics further support this analysis, with Ethereum's active addresses dropping by 5% from 600,000 to 570,000 within the same period, suggesting a reduction in network activity and potential bearish sentiment (Etherscan, 2025). Traders should consider these factors when deciding whether to sell their altcoin holdings, balancing the potential for further declines against the risk of missing a rebound.
Technical indicators provide additional insights into the current market dynamics. The Relative Strength Index (RSI) for Ethereum was recorded at 38 at 15:00 UTC, indicating that the asset is approaching oversold territory, potentially signaling a buying opportunity for contrarian investors (TradingView, 2025). Conversely, Cardano's RSI stood at 45, suggesting a more neutral position (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Ethereum showed a bearish crossover at 14:00 UTC, further supporting the possibility of continued downward momentum (TradingView, 2025). Trading volumes for the ETH/USDT pair surged by 20% to $18.5 billion at 16:00 UTC, reflecting heightened market activity and potential volatility (Binance, 2025). These indicators, combined with the observed price movements and on-chain metrics, provide a comprehensive framework for traders to assess the viability of selling their altcoins amidst the current market conditions.
Given the context of AI developments, recent advancements in AI technology, such as the release of a new AI model by a leading tech company on February 18, 2025, have shown a direct impact on AI-related tokens like SingularityNET (AGIX) and Fetch.ai (FET) (TechCrunch, 2025). AGIX experienced a 5% increase to $0.55 at 14:30 UTC, while FET rose by 3.5% to $0.78 within the same timeframe (CoinGecko, 2025). These movements indicate a positive correlation between AI developments and the performance of AI-focused cryptocurrencies. Additionally, the trading volume for AGIX/USDT increased by 15% to $300 million at 15:00 UTC, reflecting heightened interest and potential trading opportunities in the AI/crypto crossover (Binance, 2025). The sentiment in the broader crypto market appears to be influenced by these AI developments, with a noticeable uptick in trading activity and positive sentiment towards AI-related assets. Traders should monitor these trends closely, as they could present unique opportunities to capitalize on the intersection of AI and cryptocurrency markets.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast