According to Michaël van de Poppe (@CryptoMichNL), the current altcoin market capitalization indicates a strong upwards move is expected in the near term. He asserts that the current altcoin cycle is far from over, suggesting continued bullish momentum for altcoins. Traders should monitor total altcoin market cap trends as a key indicator for potential breakout opportunities, as rising market cap often leads to increased trading volumes and price action across major altcoins (Source: Twitter @CryptoMichNL, June 16, 2025).

According to Michaël van de Poppe (@CryptoMichNL), significant accumulation is currently taking place in the altcoin markets, indicating a strong foundation for a potential upward movement in the near future. This trend is supported by recent trading volume analysis and on-chain data, which suggest that investors are positioning themselves ahead of a possible breakout. Traders should monitor support and resistance levels closely as accumulation phases often precede market rallies (source: Michaël van de Poppe Twitter, May 7, 2025).