Crypto Michael (@MichaelXBT) was heavily invested in XRP last cycle. XRP outperformed everything. Now he is making the same bet on Curve DAO Token (CRV), and he says the setup looks familiar.
“This cycle, I’m heavily invested in CRV and expect it to outperform everything,” he wrote. “It’s showing massive strength here and moving independently from the rest of the market. Something big is brewing.”
The Position
When asked why he is confident, he linked to a recent analysis. He said he has held CRV since $0.2 and has been adding on the way up. His chart shows the CRV/BTC pair on a weekly timeframe. Price has been declining within a long-term descending channel since 2024, compressing toward historically low BTC-denominated values. The current price sits around 0.00000446 BTC.
He sees the price beginning to rise from the lower boundary of that channel. A major horizontal resistance zone sits around 0.00001300 BTC. A move to that level would be substantial. He calls it a potential God Candle against BTC.
The Community’s Response
Reactions were divided. Several members backed the call. One said CRV has been holding up better than most altcoins recently and that an independent move could accelerate quickly. Another said CRV will go higher than most expect.
One commenter argued that CRV holds real DeFi infrastructure, stablecoin liquidity, and protocol revenue flowing to holders. One noted that CRV showing strength while the market chops is worth watching. One member shared that CRV is his third-largest holding, behind NEAR and AERO.
Others were skeptical. One pointed out that CRV is down around 48% on the year. Another called the post delusional and suggested the analyst is changing his narrative again. One user said he considers CRV a solid short at current levels, noting that Crypto Michael and his followers are already up 2x and that may be coloring the sentiment.
Conviction on the Table
Crypto Michael built his reputation backing XRP through its most volatile periods. He is not speculating from the sidelines. “My money is where my mouth is,” he wrote in his analysis. He has deployed and scaled in as price rises.
His XRP call last cycle proved right. He believes CRV is now in the same position, and he is backing that belief with a live position.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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