Analyst Predicts Ethereum ETF to Trigger Major ETH Market Moves

Highlights

Michael van de Poppe predicts Ethereum is nearing its lowest point.
Upcoming Ethereum ETF news may trigger significant market moves.
Ethereum's price fluctuated between $3,090 and $3,150 in the last 24 hours.

Cryptocurrency analyst Michael van de Poppe predicts Ethereum is nearing its lowest point, with the upcoming Ethereum ETF news potentially triggering significant market moves. Van de Poppe’s analysis suggests a classic “Sell the rumor, buy the news” scenario, leading to substantial price fluctuations. Ethereum current price stands at $3,122.79, reflecting a 1.02% increase in the past 24 hours. It has a market capitalization of approximately $375.1 billion.

Ethereum ETF News Could Drive Volatility

Van de Poppe believes that the upcoming Ethereum ETF news will have a profound impact on the market. He emphasizes the “Sell the rumor, buy the news” strategy, where investors sell assets based on rumors and repurchase them when the actual news is released. This strategy often results in significant price volatility. Despite a 35.12% decrease in trading volume to $9.53 billion, Ethereum has maintained positive momentum, with its price fluctuating between $3,090 and $3,150 in the last 24 hours.

Van de Poppe’s prediction highlights the potential for Ethereum to experience a notable price increase once the ETF news is officially announced. Although he expressed doubts about the approval of Ethereum ETFs in May, he suggested that the SEC postpone the approval process rather than outright deny the applications. This delay could shift market focus towards potential approvals later in August.

ETH Price Stability Suggests Potential Rebound

Technical analysis of Ethereum’s market over the past 24 hours has shown significant movements in key indicators. The Alligator indicator, with the jaw, teeth, and lips, standing at 3055.21, 3020.53, and 3013.32, respectively. This convergence suggests that the market may be entering a phase of trend formation, signaling the end of a consolidation phase and the beginning of a new trend.

Additionally, the Coppock Curve, currently at -4.87, reflects bearish momentum. However, the overall trend since late 2023 has shown substantial upward movements, underscoring Ethereum’s resilience. Despite the bearish Coppock Curve, Ethereum’s price stability and positive momentum indicate the potential for a significant price rebound once the ETF news is confirmed.

Data from Coinglass indicates notable changes in the ETH derivatives market. Overall volume has decreased by 41.80% to $15.20 billion, while options volume has plummeted by 51.55% to $320.63 million. Despite these drops, open interest has increased by 1.28% to $11.89 billion, and options open interest has risen by 1.63% to $6.38 billion.

Also Read: Dogecoin Founder Defends Elon Musk’s X On Key Algorithm Feature

TAGS
Ethereum ETF

Recommended
Price Analysis

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Maxwell Mutuma

Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. I write extensively on topics such as blockchain, cryptocurrency, tokens, and more for many publications. My goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.