According to Michaël van de Poppe (@CryptoMichNL), Ethereum ($ETH) has experienced its first significant upward price movement, with volatility reaching high levels. This increase in volatility suggests a period of consolidation may occur before any further continuation of the upward trend. For traders, van de Poppe highlights that any price movement below $2,400 presents a strong buy opportunity ahead of the next potential breakout, based on recent market dynamics and trading patterns (Source: Twitter/@CryptoMichNL, May 16, 2025).