According to Michaël van de Poppe (@CryptoMichNL), minor corrections in several altcoins are currently observed, but momentum is shifting, indicating a potential bullish phase ahead. The analysis highlights a clear downward trend in gold prices, historically associated with increased risk appetite and capital rotation into cryptocurrencies, particularly altcoins. This correlation suggests that altcoins may experience further upside in the near future, presenting traders with actionable opportunities to capitalize on trend reversals and increased volatility. Source: Michaël van de Poppe via Twitter, May 15, 2025.

According to Michaël van de Poppe, gold has entered a downtrend, as evidenced by the formation of lower highs on technical charts (Source: @CryptoMichNL on Twitter, May 13, 2025). This pattern typically signals a period of short-term consolidation for gold prices. For cryptocurrency traders, this shift is significant as it may redirect capital flows from traditional safe-haven assets like gold into altcoins, potentially driving further upside in the altcoin market. Traders should monitor gold's price action and altcoin price movements for breakout opportunities, given the historical inverse correlation between gold and riskier crypto assets.