Altcoins Ready to Bounce? Michael Van De Poppe Spots Bottom Signs - Crypto Economy

TL;DR

• The altcoin market is showing a phase of stabilization over a broad support zone after several months of declines, leaving signals that could point to a shift in the bearish structure.
• Van de Poppe’s analysis highlights that prices are no longer falling on a steep slope and are instead moving inside a firm range where supply is being absorbed and selling pressure is losing strength.
• Altcoin market capitalization is approaching a break above the 20-day moving average after nearly three months below it, a level that—if confirmed—would open the door to a recovery.

The altcoin market is entering a phase that could mark a turning point after months of steady declines.

Michaël van de Poppe offers an interpretation that starts from a simple element: prices left behind the downward slope and are now moving inside a stable range anchored on a higher-timeframe support. That behavior changes the narrative that dominated the last quarter and shows that selling pressure has lost the ability to force new lows.


Bitcoin and Ethereum Are Not Part of the Analysis

The chart used by the analyst excludes Bitcoin and Ethereum to capture a cleaner pulse of the altcoin ecosystem. The lower zone of the chart shows a support area that acted as a floor through several failed downside attempts. Prices returned to that band, but this time they did not find a market willing to force another drop. Instead, they met one that absorbs supply and stabilizes the range. That sideways movement reveals a process different from the one seen in previous weeks: sellers stopped dictating the pace and incoming liquidity is now being distributed without creating imbalances.

There is a crucial technical detail in this scenario. Altcoin market capitalization spent almost three months below the 20-day moving average, a level that served as a constant bearish reference. Now the market is approaching a potential break above that average for the first time since October. A breakout would not confirm a trend reversal on its own, but it would mark a structural shift: the first sign that downward pressure has lost continuity and that a more orderly recovery phase could begin.


Selling Pressure on Altcoins Is Fading

This development aligns with other signals circulating in the ecosystem. Tom Lee said that Ethereum already set a bottom, and BitMine accelerated its accumulation pace—two elements that add context to the search for a market floor. Neither defines a definitive shift, but both add layers of information pointing in the same direction.

The altcoin market remains in transition, showing a pattern that combines stability, absorption, and a move toward decisive technical levels. Van de Poppe argues that these pieces form the foundation of a potential reversal, as long as prices confirm a clear exit from the congestion band that has capped the market in recent weeks