According to Michaël van de Poppe (@CryptoMichNL), his decision to go all-in on altcoins resulted in a current 60% drawdown, yet he believes future returns will outweigh present losses. He notes that despite significant portfolio losses, he does not see typical bear market indicators, suggesting that the current downturn may present buying opportunities. Traders monitoring altcoin recovery and market cycle signals should consider on-chain data and market sentiment before making major allocation changes (source: @CryptoMichNL, May 4, 2025).

According to Michaël van de Poppe, the current bearish sentiment in the crypto markets has reached levels comparable to the 2008 financial crisis. This extreme bearishness is typically indicative of a market bottom, rather than the start of a bear market. Historical data shows that bear markets generally begin when market sentiment is complacent, not when it is overly pessimistic (source: @CryptoMichNL). Traders should consider this when strategizing their market entry and exit points.