Altcoins Dumped as BTC Drops 20–25% — ETH/BTC Flat for 2 Weeks Shows Relative Strength (ETH, BTC) | Trading Insight
According to @CryptoMichNL, altcoins have broadly underperformed and "completely vanished" versus Bitcoin in recent sessions, indicating a deep altcoin drawdown relative to BTC. According to @CryptoMichNL, Bitcoin (BTC) fell roughly 20–25% while the ETH/BTC pair stayed flat over the past two weeks, signaling relative strength for Ethereum (ETH) against Bitcoin. According to @CryptoMichNL, he expects altcoins to rebound more strongly than BTC once BTC finds a low and consolidates, making ETH/BTC a key rotation gauge to watch.
SourceAnalysis
In the ever-volatile world of cryptocurrency trading, recent insights from trader Michaël van de Poppe highlight a fascinating dynamic in the market. Altcoins have seemingly vanished from the spotlight, experiencing significant downturns, yet there's a silver lining in the performance of the ETH/BTC pair. Despite Bitcoin's sharp crash of 20-25% over recent weeks, Ethereum has managed to hold its ground, remaining flat against Bitcoin. This stability suggests underlying strength in Ethereum and potentially sets the stage for a robust recovery in altcoins once Bitcoin finds its bottom and begins to consolidate. Traders should pay close attention to this development, as it could signal lucrative trading opportunities in the altcoin space, with bounces expected to outpace Bitcoin's recovery.
Analyzing the ETH/BTC Pair Stability Amid Bitcoin's Decline
Diving deeper into the ETH/BTC trading pair, the past two weeks have shown remarkable resilience. While Bitcoin plummeted, losing 20-25% of its value, Ethereum's ratio against Bitcoin stayed relatively unchanged. This flat performance indicates that Ethereum is not just weathering the storm but potentially positioning itself as a safe haven within the crypto ecosystem during Bitcoin's volatility. From a trading perspective, this could be interpreted as a bullish divergence. Historical patterns, such as those observed in previous market cycles, often show that when ETH/BTC holds steady during BTC corrections, it precedes strong upward movements in altcoins. Traders might consider monitoring key support levels for Bitcoin around $50,000 to $55,000, as a consolidation there could trigger the anticipated altcoin rally. Volume analysis further supports this; even as Bitcoin's trading volumes spiked during the crash, ETH/BTC volumes remained stable, suggesting reduced selling pressure on Ethereum relative to Bitcoin.
For those focused on technical indicators, the Relative Strength Index (RSI) for ETH/BTC has hovered in neutral territory, avoiding oversold conditions that plagued many altcoins. Moving averages, such as the 50-day and 200-day, show ETH/BTC approaching a potential golden cross, which could amplify bullish sentiment. On-chain metrics reinforce this narrative, with Ethereum's network activity, including transaction counts and gas fees, remaining robust despite the broader market dip. This data points to sustained user engagement, which is crucial for long-term value. Traders eyeing entry points might look at altcoin pairs like SOL/BTC or ADA/BTC, which have underperformed but could see amplified gains if the bounce materializes. Risk management is key here; setting stop-losses below recent lows and targeting resistance levels at 0.06 for ETH/BTC could optimize trades.
Potential Trading Opportunities in Altcoins Post-Bitcoin Bottom
Assuming Bitcoin finds its low and enters a consolidation phase, the outlook for altcoins becomes increasingly optimistic. Michaël van de Poppe's assumption of a stronger bounce in altcoins compared to Bitcoin aligns with seasonal trends where altseason follows Bitcoin dominance peaks. Currently, Bitcoin dominance stands high, often above 55%, which historically precedes shifts towards altcoins. This could translate to trading opportunities in sectors like DeFi tokens, AI-related cryptos, and layer-2 solutions built on Ethereum. For instance, tokens such as LINK or UNI might experience surges as capital rotates from Bitcoin. From a stock market correlation angle, if traditional markets stabilize—perhaps influenced by positive economic data—crypto inflows could accelerate this bounce, creating cross-market trading strategies. Institutional flows, tracked through sources like ETF inflows, show continued interest in Ethereum, which bodes well for altcoins.
To capitalize on this, traders should focus on volume breakouts and candlestick patterns indicating reversals. A strategy might involve scaling into positions as Bitcoin tests support, with targets set for 30-50% gains in select altcoins. However, volatility remains a factor; the crypto market's ties to global events, such as regulatory news or macroeconomic shifts, could influence outcomes. Overall, this scenario underscores the importance of patience and data-driven decisions in cryptocurrency trading, potentially leading to significant profits for those positioned correctly.
Expanding on broader implications, the stability of ETH/BTC during Bitcoin's crash reflects Ethereum's maturing ecosystem, bolstered by upgrades like the upcoming ones that enhance scalability. This resilience could attract more institutional investors, driving up trading volumes and liquidity. In terms of market sentiment, social metrics from platforms show increasing discussions around altcoin recoveries, which often precede price movements. For AI analysts, connecting this to AI tokens like FET or AGIX, which have dipped but show correlation with Ethereum's performance, presents additional trading angles. If Bitcoin consolidates around its recent lows as of November 22, 2025, per the insight, altcoins could indeed lead the next bull phase, offering stronger returns. Traders are advised to diversify portfolios, incorporating both spot and futures positions to hedge against downside risks while maximizing upside potential in this dynamic market environment.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast