- ETH/BTC rebounds to 0.04013 after breaking above its 20 week EMA, the strongest recovery since mid 2022.
- Analyst Michael van de Poppe states the four year cycle no longer defines crypto markets, citing changing macroeconomic factors.
- Ethereum now tests resistance at 0.042–0.045, with support holding at 0.035 and 0.030 as altcoins eye recovery.
Altcoins remain under heavy scrutiny as market analyst Michael van de Poppe outlined why current market outlook differs sharply from previous cycles. He noted that the idea of a traditional four year cycle is no longer reliable, with Bitcoin now acting as a mature asset influenced by broader financial conditions.
According to him, the current environment shows Bitcoin at $120,000 while interest rates sit above 4%, unlike 2021 when rates were only 0.5%. This shows how macroeconomic changes, including potential rate cuts, could redefine upcoming market moves.
Altcoins Recover After Historic Bear Market
Van de Poppe explained that the ongoing downturn has been the longest bear market in altcoin history. Many tokens have dropped more than 80% since their peaks, while his portfolio remains 50% lower despite active trading.
However, he stressed that altcoins are approaching a turning point as several are beginning to break through their 20 day exponential moving averages. He compared the setup to September 2019, when a similar recovery emerged after prolonged weakness.
Ethereum Regains Strength Against Bitcoin
The ETH/BTC pair has had a notable rebound, rising to 0.04013 from multi year lows near 0.025 earlier in 2025. This follows nearly three years of Ethereum underperformance, when the pair fell from highs around 0.088–0.09.
ETH has now broken above its 20 week EMA at 0.03059, confirming renewed bullish momentum. Volume is supporting this rebound, while the RSI is at 68.79. Analysts caution that the reading near overbought levels could lead to short term pullbacks.
Resistance and Support Levels
Ethereum holds resistance at 0.042–0.045, which was previously firm support in 2023. A decisive weekly close above there could facilitate price appreciation to 0.055–0.060, with potential to extend to 0.070.
On the downside, immediate support is near 0.035, while the 20 week EMA at 0.030 forms a key level for bulls to defend. According to van de Poppe, broader rate cuts and liquidity changes could create conditions for a sustained altcoin recovery, provided Ethereum maintains its breakout structure.
