Ethereum Flashing Massive Bullish Signal

Analyst Michaël van de Poppe says Ethereum is flashing a massive bullish signal, updates outlook on Bitcoin and Sei

Popular crypto trader and analyst Michaël van de Poppe says that Ethereum (ETH) is flashing a massive bullish signal, and updates his outlook on Bitcoin (BTC) and Sei Network (SEI).

Ethereum has been consolidating for the past few weeks, but van de Poppe says that the asset is now showing signs of strength and is poised for a breakout.

“Ethereum is looking very strong, and I think we’re going to see a breakout soon,” van de Poppe said. “The asset has been consolidating for a while now, and it’s now starting to show signs of strength. I think we could see a move to the $1,700 level in the coming weeks.”

Van de Poppe also updated his outlook on Bitcoin, saying that he believes the asset is still in a bullish trend but is due for a correction.

“Bitcoin is still in a bullish trend, but I think we’re going to see a correction soon,” van de Poppe said. “The asset is overbought, and it’s due for a pullback. I think we could see a move down to the $23,000 level in the coming weeks.”

Finally, van de Poppe gave his thoughts on Sei Network, a new blockchain project that is designed to be a high-throughput, low-latency platform for decentralized applications.

“Sei Network is a very interesting project,” van de Poppe said. “It’s a new blockchain that is designed to be a high-throughput, low-latency platform for decentralized applications. I think this project has a lot of potential, and I’m excited to see what they can do in the future.”

Van de Poppe is a popular crypto trader and analyst with over 600,000 followers on Twitter. He is known for his technical analysis and his insights into the crypto market.