| Time | Details |
|---|---|
| 2024-08-03 14:00 |
Altcoins Entering Bear Market with Potential Recovery in Q3/Q4
According to @CryptoMichNL, many altcoins are currently entering a significant bear market. Specifically, Optimism ($OP) continues to hit new lows and is undergoing a double-bottom test after its recent collapse. It is likely to bottom out in the coming weeks, with a potential strong recovery in the latter part of Q3 and Q4. (Source) |
| 2024-08-07 13:00 |
Signs of Market Bottom with Strong Weekly Candles
According to CryptoMichNL, this week is showcasing massive weekly candles with deep wicks that quickly return, and some are even turning green. He believes there is a significant chance that the market has seen its low. Notably, $OP is showing a substantial candle. (Source) |
| 11:00 |
Anticipated 60% Surge in Optimism ($OP) Following Resistance Break
According to CryptoMichNL, the cryptocurrency markets are poised for a breakout, with Layer 2 solutions expected to follow the significant movements seen in Layer 1 projects. Specifically, Optimism ($OP) is highlighted as a key asset likely to experience a substantial 60% price increase once it successfully breaks through its current resistance level. (Source) |