Renowned crypto analyst Michaël van de Poppe is optimistic about the future of digital assets, predicting a prosperous new era. In a message to his 718,500 followers on X, a popular social media platform, van de Poppe suggests that better times are ahead for the markets. He believes that the current rally could be a game-changer for individuals involved in the crypto space, particularly for those who have weathered the recent correction. Van de Poppe emphasizes that the next period will be highly favorable for digital assets.

Bitcoin (BTC) has seen a 10% increase in value over the past week, with van de Poppe noting that the $61,000 price zone has now become a strong support level for BTC’s upcoming rally. He remarks that the crucial level for Bitcoin has shifted to the $60,500-$61,000 range, indicating that momentum will likely continue from this point and the overall trend has reversed. As a result, altcoins are experiencing substantial growth as confidence returns to the market.

At the time of writing, BTC is valued at $67,276, representing a 2.5% increase for the day. While most altcoins are following Bitcoin’s lead, van de Poppe points out one exception: Ethereum (ETH), the leading altcoin by market capitalization. He observes that altcoins are already showing signs of awakening, but ETH is lagging behind. He suggests that ETH is on the cusp of a reversal, as the dominance chart is facing resistance on a higher timeframe, coupled with significant upcoming events such as the exchange-traded fund and lawsuits.

ETH is currently trading at $3,111, indicating a 5.5% increase in the past 24 hours. Despite the positive outlook, van de Poppe advises investors to conduct thorough research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets. He highlights that transfers and trades are undertaken at one’s own risk, and any losses incurred are the responsibility of the individual. The Daily Hodl, where the article is published, does not provide investment advice or endorse the buying or selling of cryptocurrencies or digital assets.