Analysis: Altcoin recovery depends on Ethereum’s momentum

Altcoin season now hinges on Ethereum’s (ETH) performance, according to Cointelegraph, citing MN Trading Capital founder Michaël van de Poppe. He noted that for investors to exit their positions at breakeven or with gains, ETH must show stronger momentum and resilience. Van de Poppe also referenced recent insights from on-chain analyst Willy Woo, who argued that the crypto market is shifting into an “Ethereum phase.” While van de Poppe agreed with this view, he said most investors remain unaware of the transition due to a lingering “markets are bad” mindset. Meanwhile, crypto analyst Ted pointed out that ETH is currently tracking a trajectory similar to Bitcoin’s (BTC) 2017–2021 cycle and predicted that a real parabolic move could begin once ETH surpasses the $4,000 mark.