According to Michaël van de Poppe (@CryptoMichNL), altcoin traders can experience prolonged drawdowns of up to 70% before witnessing rapid reversals that restore returns in a short period (source: Twitter, May 12, 2025). This underscores the importance of risk management and patience in altcoin trading, as crypto market cycles often lead to sharp recoveries following extended losses. Traders should closely monitor market sentiment and technical signals for potential altcoin trend reversals, as quick surges can present significant profit opportunities after deep corrections.

According to @KookCapitalLLC, the current cryptocurrency market is not suitable for indiscriminate trading of numerous pump tokens. Traders should focus on fewer trades and recognize that market ceilings and volumes are currently low. The recommendation is to identify high-quality narratives early, build conviction, and remain patient to succeed in the long term.

According to Michaël van de Poppe, Ethereum ($ETH) has experienced a bounce back at the 0.02850 level. He suggests that if this level is breached, it could signal a significant bullish momentum ('party is on'). Current market conditions are slow, attributed to a loss of confidence, implying traders should exercise patience as it may take time for momentum to build again.