Analyst Explains: “Bitcoin Steps Away, Now Ethereum Takes the Stage! From Now On, Every Drop in ETH Is an Opportunity!”

Ethereum (ETH) has finally experienced its long-awaited explosive rise, surpassing $3,000 for the first time since February and rising nearly 50 percent in the past month. This rise in Ethereum also stimulated altcoins and increased the belief in the market that the altcoin season has begun. At this point, Bitcoin is moving into a consolidation phase after reaching a new all-time high, while ETH is now taking the lead. Every Drop in Ethereum Is an Opportunity! As Ethereum continues its rapid rise, popular analyst Michael van de Poppe argued that Ethereum’s momentum after testing multiple resistances could push the price up to $4,000, last seen in December. Poppe also stated that Ethereum is ready to rise to higher prices, and that every subsequent decline is a buying opportunity. “I think Ethereum will head towards $4,000. So, if there are any corrections coming, it would be great to capitalize on them and buy on dips.” In another post, Poppe pointed out that Ethereum has gained even more value against Bitcoin, and that this is a sign that the next phase, the altcoin season, is about to begin. The analyst finally emphasized that altcoins generally follow the trend of altcoin leader Ethereum and that altcoins could soon initiate an explosive price movement. *This is not investment advice. Continue Reading: Analyst Explains: “Bitcoin Steps Away, Now Ethereum Takes the Stage! From Now On, Every Drop in ETH Is an Opportunity!”

Source: BitcoinSistemi