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Veteran Crypto Trader Stays Fully Invested in Altcoins and Sets a Breakout Trigger for ETH

Veteran Crypto Trader Stays Fully Invested in Altcoins and Sets a Breakout Trigger for ETH

Photo: Crypto Daily

Veteran trader Michaël van de Poppe says a breakout in Ethereum could start a broad rally across smaller tokens. The call matters because ETH usually sets the pace for the altcoin market, and it has spent the past month falling. Sellers still lead the trend, while early momentum signals hint at fatigue. The trader and market analyst is holding his altcoin positions while he waits for one signal from the market leader. His view on ETH is bullish but conditional. He wants to see Ethereum break out first. He gave no price target and no time frame for the move.

Source: Crypto Daily

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