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A closely followed crypto analyst says Ethereum (ETH) may be gearing up for a massive breakout against Bitcoin (BTC). In a new strategy session, trader Michaël van de Poppe tells his 733,600 followers on the social media platform X the Ethereum/Bitcoin pair (ETH/BTC) is showing a bullish divergence on the daily chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “A massive bullish divergence on ETH. The entire Ethereum ecosystem thriving [on November 6th].” Source: Michaël van de Poppe/X In an update, the analyst says that ETH/BTC is starting to take off as it seems investors are rotating profits from Bitcoin’s massive rally into alts like ETH. “That’s it. The markets are rotating, as ETH has a massive bounce upwards. Next step? Create a hi...

The SEC has approved Bitcoin ETF options for trading on the NYSE, offering more regulated access to Bitcoin, especially for institutional investors. This move allows cross-margining with assets like GLD and SPY, improving capital efficiency. The added liquidity from ETF options could drive Bitcoin’s value higher, with analysts predicting a possible rise beyond its current all-time high. This development has also sparked interest in the broader crypto market, with many investors now exploring the top crypto to invest in right now , including altcoins that could benefit from Bitcoin’s upward trend. Top Crypto to Invest in Right Now Worldcoin recently launched World App 3.0, calling it a “super app for humans.” Meanwhile, EGLD is priced at $26.93, showing a 3.60% rise in the past 24 hours. In addition, VET’s recent price trends highlight its growing importance in enterprise blockchain adoption. The token has hit new monthly highs during this market cycle....

A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well. SEI continues to find momentum, and I’d like to see it rally to $0.34 (preferably even above the previous high, but not expecting that yet), make a HL (higher low) and continue that rally to $0.44 in October.” Source: Michaël van de Poppe/X SEI is trading for $0.30 at time of writing, up more than 7% in the last 24 hours. Next up, the analyst says that Bitcoin (BTC) may soon reclaim the $62,000 level if it can flip $58,000 into support. “Bitcoin is doing what I wanted it to be doing. Great stuff, held above the crucial area of $56,000, and currently attacking resistance. If $58,000 breaks, then I suspect we’...