Renowned cryptocurrency analyst Michael van de Poppe recently pointed out that a key signal may open a new chapter for the altcoin market. His research shared on social media platforms shows that a significant bottom signal is emerging on the weekly chart of altcoin total market capitalization compared to Bitcoin.

The analyst particularly emphasized that this signal, which indicates a market turning point, has been brewing for an unusually long time—from mid-2023 to May 2025. During this period, the overall market capitalization of altcoins remained under pressure, enduring a difficult winter phase. However, technical indicators have quietly revealed signs of exhaustion in the downward momentum. The chart patterns clearly show that the market capitalization has successfully retested historical key support areas and stabilized, laying the groundwork for a trend reversal.

Even more exciting is that the market trend is gradually validating the reliability of this signal. Van de Poppe observed that two key milestones have already been achieved: first, the long-suppressed downward trend line has been effectively broken, and second, a textbook-style retest confirmation has been completed at the support level following the breakout. This technical resonance has led the analyst to have stronger expectations for the upcoming market movement.

Data supports the warming of the market: the total market capitalization of altcoins, excluding Bitcoin and Ethereum, has currently reached $895 billion, rebounding strongly by 45% from the low point in April this year. Although the dawn of the "altcoin season" that investors are looking forward to is beginning to appear, most analysts still maintain a cautious attitude. The uncertainty of the global economic environment hangs like a thin mist over the market, and the trends in cryptocurrency remain closely tied to it. It is worth noting that with the changing dynamics of the U.S. elections and policymakers, this mist may be blown away by new winds.

Currently, the altcoin market is displaying a contradictory situation: the rising foundation built on the technical side is becoming increasingly solid, and the warmth brought by capital inflow is palpable, but the chill of the macro environment has not yet dissipated. This tension places the market at a critical point of readiness, where investors see the long-suppressed rebound momentum while maintaining a clear awareness of the risks. In the coming months, when the technical and fundamental aspects finally work together, perhaps we will truly witness the arrival of the "most explosive altcoin season in history" as predicted by analysts.

Recently, most of the discussions have been internal, so those who have just met are encouraged to pay more attention.