While fluctuating in the crypto currency market, remarkable assessments came from a well -known analyst Michaël Van de Poppe. In his shares from his social media account, Ethereum $1,803.96Analyst, claiming that the bottom level of the (ETH) may be associated with the summit in gold prices, called on investors to be cautious. Pointing out that ETH follows a risky course in the current decline trend, Van de Poppe said that the volatility in the Altcoin market also creates anxiety for investors. While the analyst’s views shed light on the connection between both the crypto money market and the traditional commodities, he also increased his curiosity about how the markets will be shaped. According to current data, Gold Gold 3116 dollars, Ethereum 1798 dollars and Bitcoin 
$82,177.37 is traded at 81,962 dollars.
The bond between the bottom of Ethereum and the golden summit
Michaël Van de Poppe stated that it is difficult to predict what Ethereum will form the bottom, and that this level may be connected to the summit of gold prices. Analyst emphasized that there is a significant decrease tendency in the ETH graph and that it constitutes a worrying picture for investors.
Van de Poppe, “There is a large negative graphics. It is difficult to determine the bottom point of Ethereum, but can be associated with the summit of gold,” he implied that a direct link between classical assets and crypto money markets can be established. This interpretation created a new perspective among investors trying to read ETH’s bottom level with gold graphics.
A general uncertainty is also dominant in the Altcoin market. In addition to ETH, sudden ups and downs in many Altcoin make it difficult to make price estimates in the short term. In this environment, it is inevitable that investors will turn to more technical analysis and market correlation.
Gold, Bitcoin and market fluctuations
According to Van de Poppe, behind the last rise in gold prices, former US President Donald Trump’s statements about tariffs lies. Analyst suggested that this could be temporary and could return to a reverse in a few weeks. “Gold is on the rise due to uncertainty caused by tariffs.
On the other hand, Bitcoin also pointed out that he could test lower levels in the short term. Van de Poppe thinks that if the downward acceleration in the BTC price continues, it will determine the general aspect of the market. This means that the recovery signals that investors expect may be delayed.
This overall fluctuation environment in the markets causes investors to follow the relationships between various beings more carefully. Ethereum, Gold and Bitcoin’s seemingly independent movements may have the common effects of global economic uncertainties.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
