Prominent cryptocurrency analyst Michaël van de Poppe shared insights about recent adjustments to his altcoin portfolio in a new podcast episode.
What Happened: Van de Poppe remains optimistic about altcoins, focusing on higher ROI prospects, influenced by the pending approval of the Ethereum ETH/USD ETF. He detailed that around four weeks ago, he went all-in on altcoins but has since adjusted their specific holdings.
“Altcoins are going to do really well,” he said, attributing recent underperformance to Bitcoin ETF impacts. He noted his high-risk appetite, quoting, “That’s how I made a lot of money and that’s how I lost a lot of money.”
He adds that the reason for markets to trade sideways is due to the Ether ETF has not been entirely approved, with only the 19B-4 filings greenlit but not the S-1 filings. He predicted, “Once that kicks in, the interest starts to come into the markets and into the ETF.”
Altcoin Rotation Strategy
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