According to Michaël van de Poppe (@CryptoMichNL), a massive bullish divergence has formed for Optimism (OP), indicating a strong potential for an imminent price reversal. Traders monitoring OP should note that such divergences often precede significant upward momentum, making this a key opportunity for short-term trading strategies. This technical analysis, supported by recent chart data, suggests OP could soon experience a positive shift, which may impact broader DeFi and altcoin markets. Source: Michaël van de Poppe on Twitter, June 20, 2025.

According to Michaël van de Poppe (@CryptoMichNL), a bullish divergence structure might emerge for OP, indicating a potential upward price movement. This pattern suggests that while the price of OP has been declining, momentum indicators are signaling a possible reversal, which could lead traders to anticipate a price increase. Such divergence structures are often used by traders to identify potential entry points for long positions.

According to Michaël van de Poppe, Bitcoin, OP, HYPE, and SUI have all shown positive price movements today. This trend is noted in the context of potential capitulation bottoms forming. Additionally, Michaël highlights that the U.S. is expected to release a regulatory plan for digital assets tomorrow, which could influence market dynamics further.

According to Michaël van de Poppe, a significant capitulation crash has occurred in the altcoin market, with OP hitting a new low. This event mirrors the situation from the summer of '23, where the Relative Strength Index (RSI) was similarly low and resulted in a significant price wick. The current market momentum suggests a similar trend, potentially leading to a Black Swan capitulation low for altcoins.

According to Michaël van de Poppe (@CryptoMichNL), the Optimism (OP) token is undergoing consolidation but shows signs of upward momentum. Traders are advised to watch for a breakout above the $2 mark as a potential confirmation for further price movement.

According to Michaël van de Poppe, his personal altcoin portfolio for 2025 includes large-cap coins such as SEI, TIA, TAO, and OP, alongside small-cap coins like RPL, OMNI, REZ, and AEVO. He expresses excitement about actively trading these altcoins to accumulate more Bitcoin and Ethereum.

According to Michaël van de Poppe, his personal altcoin portfolio for 2025 includes large-cap cryptocurrencies such as SEI, TIA, TAO, and OP, and small-cap cryptocurrencies like RPL, OMNI, REZ, and AEVO. He expresses enthusiasm about using these altcoins to increase his holdings in Bitcoin and Ethereum through active trading.

According to The Data Nerd, Wintermute recently withdrew 10 million ARB, valued at approximately $7.61 million, and 2 million OP, worth about $3.74 million, from Binance. Currently, Wintermute's wallet shows a balance of 17.2 million ARB, totaling around $13.13 million, and 2.055 million OP, approximately $3.86 million. This movement of assets could indicate strategic positioning or preparation for future transactions in the market.

According to The Data Nerd, Wintermute recently executed a significant withdrawal of 10 million ARB (approximately $7.61 million) and 2 million OP (approximately $3.74 million) from Binance. Currently, Wintermute's wallet holds 17.2 million ARB, valued at around $13.13 million, and 2.055 million OP, valued at approximately $3.86 million. This movement of funds highlights a substantial shift in Wintermute's asset allocation.

According to CryptoMichNL, his personal cryptocurrency portfolio includes large coins such as ENS, OP, TIA, and TAO, as well as smaller coins like REZ, OMNI, RPL, and AEVO. He anticipates rotating these assets over time and expects this portfolio to significantly outperform Bitcoin over the next six months.

According to CryptoMichNL, the trader is not currently interested in taking profits and is aiming for higher levels. Specifically for Optimism (OP), the key level to watch is $1.80. If OP maintains a price above this level, CryptoMichNL anticipates a significant upward movement towards $4 in the near future.

According to CryptoMichNL, the Ethereum ($ETH) ecosystem is expected to become active in the upcoming week. Additionally, Optimism ($OP) is currently performing well and is in a phase of consolidation. A price movement above $1.75 for $OP is anticipated to signal a significant bullish trend.

According to CryptoMichNL, the bullish divergence on $OP remains valid, although there is no clear breakout yet. The analyst expects upward momentum for Layer 2 solutions on Ethereum. A breakout above 3000 sats could signal a bullish continuation towards 4500-5000 sats.

According to @CryptoMichNL, OP has encountered a significant resistance zone and is likely to face further corrections. The analyst anticipates OP will establish a higher low before breaking out above the resistance level. This trend indicates a building momentum for altcoins.

According to @CryptoMichNL, altcoins are performing well quietly, with OP (Optimism) showing significant momentum. The token has risen by 28% from its recent low and has formed a rounded bottom with a 3-day bullish divergence. For this divergence to be validated, OP needs to break through the 2750-2850 sats range. A major breakout is anticipated if this level is surpassed.

According to CryptoMichNL, Ethereum altcoins are showing resilience, with Optimism (OP) rebounding from its recent lows. Despite this recovery, OP remains significantly down on a larger scale. However, CryptoMichNL anticipates considerable upside potential for OP once EigenLayer is implemented.

According to CryptoMichNL, Bitcoin is undergoing a correction and finding liquidity, a trend expected to continue into the coming week. Meanwhile, altcoins are performing well against Bitcoin, particularly those in the Ethereum ecosystem such as ARB, OP, and OMNI.

According to Michaël van de Poppe, the Ethereum ecosystem is expected to grow significantly. He notes that Optimism (OP) has retraced to its cycle low, suggesting that this is not the time to sell but rather to allocate more towards these markets.

According to @CryptoMichNL, the altcoin markets are experiencing significant declines. However, the upcoming Ethereum ETF could trigger a reversal in many Ethereum ecosystem tokens, such as OP, a strong layer 2 solution.