According to Michaël van de Poppe (@CryptoMichNL), the recent trade agreement between the US and China could serve as a bullish catalyst for the cryptocurrency market, potentially driving Bitcoin toward a new all-time high (ATH. He highlights that while Bitcoin may consolidate in the short term, altcoins are likely to continue showing relative strength. This macroeconomic development is significant for traders seeking opportunities in both Bitcoin and the broader altcoin market, as improved global economic sentiment often translates to increased risk appetite in crypto markets. Source: Twitter (@CryptoMichNL, May 12, 2025).

According to Michaël van de Poppe on Twitter, Ethereum (ETH) is showing a bullish divergence against Bitcoin (BTC), indicating potential upside momentum for ETH and the broader altcoin market. This technical pattern is considered a positive trading signal, suggesting that traders may see continued strength in altcoins relative to BTC in the near term. Monitoring the ETH/BTC ratio and altcoin performance could offer strategic trading opportunities for those seeking to capitalize on market rotation (source: @CryptoMichNL, April 29, 2025).