Renowned cryptocurrency market analyst Michael van de Poppe recently made a serious statement, claiming that he has captured a key signal that is highly likely to influence the next major trend in the altcoin market. On the social platform X, van de Poppe published his latest article, emphasizing that a striking divergence is currently appearing on the weekly chart of altcoins. He delves into the interpretation of this chart pattern and further analyzes the various possibilities that the market may encounter after this signal is released. Van de Poppe detailed that from mid-2023 to May 2025, the market value of altcoins and Bitcoin (BTC)
On the price chart, a record 'longest bullish divergence in history' has gradually formed. During this period, the overall market value of altcoins has been deeply trapped in bearish pressure for most of the time, struggling to advance. However, technical indicators have quietly released positive signals, indicating that the momentum of the downward trend is continually weakening.
After carefully observing the chart, van de Poppe found that the capitalization of altcoins has reactivated previous support levels, undoubtedly adding strong evidence for the arrival of a potential upward trend. This analyst also noted that a series of key events expected by altcoin bulls after the divergence have now unfolded one by one. These include breaking the downward trend line and retesting established support levels. Van de Poppe emphasized these events that have already occurred, which precisely explains why he holds extremely optimistic expectations for the imminent rebound in the altcoin market. Data from TradingView shows that as of the time of writing, the total market capitalization of all cryptocurrencies, excluding Bitcoin and Ethereum, has reached $89.518 billion. Since hitting an annual low of $66.06 billion in the first week of April, this figure has surged by 45%.
Considering the long-standing anticipation of many cryptocurrency investors for the altcoin bull season, the current state of the altcoin market undoubtedly highlights that bullish momentum is on the rise. However, most cryptocurrency analysts calmly point out that the relatively weak performance of the altcoin market stems from the uncertainty pervading the global socio-economic ecosystem. Nevertheless, with key stakeholders like Donald Trump actively taking action and negotiating future development directions, this situation may soon see a turnaround.
The market continues to change, and we are closely monitoring it to seize new entry opportunities. Like and comment, let’s navigate through the bull market and hold strong in the market to capture this major opportunity.
#山寨币热点