According to @TATrader_Alan, Dogecoin (DOGE) has undergone a 73% correction, which is deemed sufficient from a technical perspective. The analyst highlights that, in a previous similar structure, DOGE experienced a 65% drop followed by the formation of three consecutive bottoms and then a significant upward surge. Currently, two bottoms have been established, and the formation of a third bottom could signal a potential bullish reversal for traders to watch closely. This triple bottom pattern is a widely recognized reversal signal in trading, suggesting possible accumulation and a future price surge if the pattern completes and confirms. Source: @TATrader_Alan

According to Michaël van de Poppe, the cryptocurrency market experienced a substantial corrective week, which he considers normal following Ethereum's (ETH) rapid $1,600 price increase over recent weeks. For traders, this suggests that the current market consolidation could be a necessary cooling-off period before the next significant move. Market participants should monitor ETH price action for signs of renewed momentum, as periods of correction often precede new trading opportunities. Source: Michaël van de Poppe.

According to Michaël van de Poppe, Ethereum (ETH) is undergoing a market correction after a lower timeframe bearish divergence signaled a downturn. He has identified the $3,300 level as the first key support region. If the market continues to decline, the $3,000-$3,100 range is considered the optimal entry zone for traders looking to buy the dip. These price levels are critical for short-term trading strategies and may present significant buying opportunities if further downward momentum occurs. Source: Michaël van de Poppe.

According to Michaël van de Poppe, ETH has experienced a significant correction, which could deepen further. He advises traders to stay cautious and suggests that this correction might present a strategic buying opportunity ahead of a potential major price run-up, as indicated on his social media channel. This analysis points to an important moment for ETH traders to closely monitor price action and manage risk accordingly, citing Michaël van de Poppe as the source.

According to Michaël van de Poppe, a fairly normal correction is anticipated for Ethereum (ETH) until its price reaches $4,100. This insight suggests traders should monitor the $4,100 level as a potential support zone, which could impact short-term trading strategies and market sentiment for ETH. Source: Michaël van de Poppe.

According to Michaël van de Poppe, the current correction in the cryptocurrency markets is a normal phase following a significant 50%+ upward move in Ethereum (ETH). He advises traders not to panic during these pullbacks, highlighting that such corrections are typical in strong uptrends and suggesting that this period could present an opportunity for accumulation. These insights point to a potential buying zone for ETH, with implications for short-term and swing traders looking to capitalize on volatility and market cycles (source: Michaël van de Poppe).

According to Michaël van de Poppe, Ethereum (ETH) is currently testing its recent highs on both USD and BTC trading pairs, but the breakout lacks strong momentum. Van de Poppe suggests that if a price correction occurs, it could present a compelling accumulation opportunity for traders. This technical setup indicates that ETH traders should monitor potential pullbacks for favorable entry points, as momentum is not yet decisively bullish. Source: Michaël van de Poppe.

According to Michaël van de Poppe, Bitcoin (BTC) has tested its range resistance over the weekend. He notes that a breakout above this resistance would be significant for bullish momentum, but anticipates a potential correction on Monday to reset the market before any further upward movement. This trading insight highlights the importance of monitoring resistance levels and Monday price action for short-term traders. Source: Michaël van de Poppe.

According to @cas_abbe, Ethereum (ETH) has reached new highs this week, prompting traders to consider whether to continue buying at current price levels or wait for a potential price correction. This surge highlights strong market momentum, and the decision to buy now or wait for a dip is crucial for maximizing profit opportunities. Traders should closely monitor ETH’s price action and volume to identify optimal entry points, as increased volatility can present both risks and opportunities in the short term. Source: @cas_abbe.

According to Michaël van de Poppe, Bitcoin (BTC) is currently stuck in a trading range, awaiting an upward price movement. However, the analyst highlights a critical scenario for traders: if Bitcoin's price breaks to the downside, it is expected to trigger a deeper correction in the altcoin market. Van de Poppe suggests in his analysis that such a correction in altcoins should be viewed as a significant buying opportunity for interested investors.

According to Michaël van de Poppe, the cryptocurrency markets are undergoing a minor correction following a significant upward trend. He notes that Ethereum (ETH) has pulled back to the $3,650 level but is not yet attracting significant liquidity, suggesting a potential period of consolidation. However, van de Poppe warns that a more 'violent correction' could still be forthcoming for the market.

According to Michaël van de Poppe, extended periods of sideways trading or 'chopping around' for Bitcoin (BTC) typically create a favorable environment for altcoins to perform well. However, he warns that if Bitcoin takes liquidity on the downside and undergoes a correction, altcoins could face harsh corrections in response. Van de Poppe's current outlook is that the market will likely consolidate for a period before initiating the next significant upward movement.

According to glassnode, Bitcoin (BTC) experienced a nearly 5% price decline driven by significant profit-taking from investors. On-chain analysis from the source reveals that traders realized $3.5 billion in profits, creating selling pressure in the market. Glassnode also noted that its Market Pulse report from July 14 had anticipated this correction risk, using a combination of on-chain and off-chain indicators to signal caution to market participants.

According to Michaël van de Poppe, the incoming volatility in Bitcoin (BTC) is a positive development for active traders and represents a minor correction. He advises that there is no cause for concern, stating that the upward trend remains intact as long as Bitcoin stays above the $108,000 level. The analyst confirms his belief that the bull market is currently active.

According to @AltcoinDailyio, the 'buy the dip' strategy is highlighted as the easiest trading approach for altcoins and Bitcoin (BTC). This method involves purchasing assets during price corrections, aiming to capitalize on market rebounds. Traders are advised to monitor key support levels and volume signals to maximize returns, as this approach has historically performed well during volatile cycles (source: @AltcoinDailyio). For crypto investors, executing disciplined entries on established cryptocurrencies like BTC and trending altcoins can enhance long-term portfolio growth.

According to AltcoinGordon, recent market volatility has led to significant shakeouts, impacting traders who exited positions during price swings (source: Twitter/@AltcoinGordon, May 8, 2025). This highlights the importance of risk management and liquidity analysis for crypto investors, as price corrections often trigger stop-loss orders and forced liquidations. Monitoring volatility indicators and identifying support levels can help traders avoid premature exits and capitalize on market recoveries.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin is maintaining its recent support levels despite the ongoing market correction. He notes that the low of the current correction is likely to occur within the next 24-48 hours as traders position ahead of the upcoming FOMC meeting, a period historically associated with short-term volatility and price pullbacks. Based on previous market reactions to FOMC events, traders are advised to monitor for a potential reversal and prepare for a possible 'up-only' trend once the correction concludes (Source: @CryptoMichNL, May 6, 2025).

According to @AltcoinGordon, the recent sharp decline in Bitcoin hash rate could indicate upcoming volatility in the BTC market. Historically, significant drops in hash rate have been followed by price corrections or increased trading activity, as reflected in past data from Blockchain.com and Coin Metrics. Traders are advised to monitor on-chain metrics and prepare for potential liquidity shifts, as hash rate movements can precede notable market reactions (source: @AltcoinGordon, Blockchain.com).

According to Cas Abbé, Bitcoin has reached a state of sellers exhaustion, as noted by the decreasing realized losses with each price correction. This suggests that most holders are unwilling to sell at current levels, paralleling a similar bottoming pattern observed in August/September 2024.

According to glassnode, the Bitcoin market is adjusting to a new price range following a -30% correction. Liquidity conditions are tightening in both on-chain and futures markets, indicating a challenging environment for traders.