A widely followed crypto market analyst has identified critical signs pointing to a possible altcoin market resurgence. According to Michaël van de Poppe, a massive bullish divergence has formed on the altcoin market capitalization chart when compared to Bitcoin, suggesting that a significant reversal could be underway.
This divergence, which spans from mid-2023 to May 2025, signals a potential trend shift after a prolonged period of downward movement. For an extended period, selling pressure affected the altcoin market, but now the chart suggests that it may soon weaken.
Van de Poppe said this is the most significant bullish divergence seen on this chart, suggesting the altcoin market has likely found its lowest point. Besides, the chart broke out above a multi-year downward line and tested that line as support.
Whenever these technical developments occur, it may indicate that prices are ready to rise. Interest from investors in altcoins has been rising since early April, and TOTAL3—showing the total altcoin market value without Bitcoin and Ethereum—has grown from $660.6 billion to $895.18 billion.
Market Momentum Builds Amid Broader Economic Uncertainty
However, general uncertainty around the world is dampening the enthusiasm of altcoin investors. Experts see lingering problems with inflation and unclear laws as the main explanations for the limited market action.
However, hope is growing that leadership from key economies, including present-day steps by U.S. President Donald Trump, could reverse these pressures. Actions to stabilize the financial market may trigger more investments in altcoins.
Despite the warning signs, Van de Poppe’s technical data suggests that the potential for a significant altcoin rise is increasing. People in the finance industry are watching closely for trends to turn because they believe a market breakout is imminent.
The present chart shape and repeating support areas make a bullish trend more likely. All these factors combined may cause altcoins to head higher unless the broader economy brings about a significant disruption.
