🔹Ethereum has broken a significant resistance level, which could act as a catalyst for altcoin growth of 200-500% in the coming months. This opinion was expressed by crypto trader Michael van de Poppe, co-founder of MN Trading Capital.
🚀He stated on social media X that he is betting on altcoins as he sees the potential for growth of 200-500% over the next 2-4 months. According to him, the recent rise of Ethereum is the first step towards a more aggressive strategy for investors.
👨🏻💻Trader Ash Crypto warned that one should not ignore the historically weak performance of Ethereum at this time of year. August and September are "usually bearish months for cryptocurrencies, so I would be cautiously optimistic." Which can be debated! Cas Abbe wrote on social media X that "now is the perfect time for Ethereum to crush the bears," pointing to a reduction in supply on exchanges and growing institutional interest. Analyst Wolf urged to "not be surprised" if the recent forecast by Tom Lee of Ethereum rising to $16,000 comes true. "Volatility, distrust, then vertical growth."$ETH
