List of Flash News about crypto correction cycle
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2025-05-31 20:09 |
Bitcoin and Ethereum Rally: Key Levels and Altcoin Breakout Potential for Traders
According to Michaël van de Poppe (@CryptoMichNL), Bitcoin surged from $72,000 to $112,000 without any significant correction, and Ethereum similarly advanced from $1,600 to $2,700, as cited directly from his Twitter post on May 31, 2025. He highlights that such uninterrupted rallies are typical before a correction phase, which often precedes a new trading cycle. The next anticipated move in the crypto market could be pivotal for altcoins, as historical trends suggest altcoin outperformance following major Bitcoin and Ethereum rallies. Traders should closely monitor support and resistance levels for BTC and ETH, as well as altcoin trading volumes and price action, to identify potential breakout opportunities. These insights are critical for making informed trading decisions in the current market environment. (Source: @CryptoMichNL Twitter, May 31, 2025) |