Is It Time to Take Profits From Altcoins?
By: bitcoin ethereum news|2025/05/10 11:15:06
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Crypto analyst Michael van de Poppe weighs in on the market’s biggest question: Should you be buying into altcoins right now, or is it time to take profits? The past week has seen a major move across the altcoin sector, with Ethereum ( ETH ) up over 20%, and memecoins and smaller caps following suit. According to van de Poppe, this is the first real breakout in months — and it may only be the beginning. Macro Shifts Fuel the Breakout The Federal Reserve’s May 7 meeting didn’t deliver any rate cuts, but concerns are building around U.S. tariffs and their potential to drive up inflation or unemployment. Van de Poppe notes that if jobless numbers rise above 5%, the Fed may be forced to cut interest rates to reignite the business cycle. However, he emphasizes that the real catalyst didn’t come from the U.S. — it came from China. Earlier in the week, China’s central bank slashed interest rates to a historic low of 1.3% and eased reserve requirements for banks. These measures are designed to stimulate lending, growth, and overall market activity. Van de Poppe highlights that this aggressive monetary easing has rotated capital into risk assets globally — including crypto. As the Chinese yuan strengthens and the U.S. dollar weakens, the result has been bullish for altcoins. ETH/BTC has surged, and Bitcoin is once again flirting with $100,000. Some traders believe Bitcoin has peaked. Others, like van de Poppe, argue that a new market cycle is just beginning. His reasoning: In 2021, Bitcoin hit $69,000 with interest rates at 1%. Now it’s $100,000 with rates above 4%. Add in a live Bitcoin ETF, and looming rate cuts — and the upside potential grows. Van de Poppe also points out that when measured against gold, Bitcoin is still 30% below its previous all-time high, suggesting further room to grow in real terms. Should You Sell Altcoins Now? Van de Poppe urges caution on selling too early. While Ethereum has made a noticeable move, he believes it’s still a minor breakout, and the altcoin market may just be warming up. He notes the typical market split online: “This is the start of the bull run.” “This is just a relief rally — expect more downside.” Van de Poppe warns that if group 1 is right, group 2 will likely miss out entirely — as altcoin surges tend to happen fast and offer few chances to buy back in at lower levels. He also underscores real-world adoption signals as bullish confirmation: Stripe’s integration of Ethereum-based stablecoin payments came just one day after Ethereum’s Pectra upgrade — clear signs of crypto infrastructure maturing. Final Take Michael van de Poppe believes crypto is emerging from its longest bear cycle and entering a two-year bull phase, driven by global stimulus, major technical upgrades, and enterprise adoption. “This is the time to be bullish,” he says. “Bear markets don’t end when everyone is euphoric. They end when most are still skeptical — and that’s where we are now.” Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/is-it-time-to-take-profits-from-altcoins/
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