🚥 ReD SIGNAL 📶

🌀📢 Red alert ⚠ ⚠ 🌀

📌 Michael van de Poppe: Bitcoin Entering New Cycle, Caution Advised📊 Crypto analyst Michael van de Poppe believes Bitcoin needs more time to solidify its position. He advises investors to be cautious when purchasing the token. Van de Poppe emphasizes that BTC is truly the "new gold" and could become a stable store of value amidst global changes.🎙 The expert predicts a new market growth cycle starting mid-August or early September, lasting until November 2025, with 2-3 corrections along the way. He notes that Bitcoin is ready to enter a completely new development cycle.ℹ️ Van de Poppe reassures that the distrust faced by BTC during each downturn shouldn't frighten market participants. He calls this phenomenon natural and urges investors to expect new price increases, though he doesn't provide specific price targets.
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$ETH Faces Short-Term Correction Amid Grayscale ETHE Trust Offload

Analysts warn of a potential short-term correction for Ethereum amid Grayscale ETHE Trust offloading.
$ETH price drops by 8.28% in 24 hours, reflecting notable volatility and investor concerns.
Despite initial headwinds, analysts remain optimistic about Ethereum's long-term growth post-ETF launch.

$ETH is bracing for a potential short-term correction as analysts sound the alarm over the offloading of the Grayscale ETHE Trust. In a recent X post, analyst Michael van de Poppe highlighted a likely minor correction during the offloading phase of the Grayscale ETHE Trust.
Van de Poppe’s analysis parallels the significant correction experienced in the Bitcoin market following the launch of the Bitcoin ETF. He suggests that Ethereum could undergo a similar pattern as the market adjusts to the new dynamics introduced by the Grayscale ETHE Trust.

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#greyscale #Analsis #MichaelvandePoppe