Are Altcoins Poised for a Rebound After Hitting Cycle Lows?
Altcoins may finally be showing signs of life after months of stagnation.
According to analyst Michael van de Poppe, recent price action suggests the altcoin market could be bottoming out, potentially setting the stage for a broad recovery.
Van de Poppe points to weakening gold prices and a possible shift in macroeconomic policy — such as future rate cuts — as factors that could inject liquidity into risk assets like altcoins. He also highlights a bullish divergence forming on the OTHERS/BTC chart, a signal that often precedes major altcoin rallies.
“Markets are bottoming,” van de Poppe said, adding that technical patterns are aligning with those seen at previous cycle lows.
But not everyone is convinced. Analyst Tony Severino notes that Bitcoin’s dominance recently rose to 65.66%, with RSI indicators still strong — a sign that BTC continues to outpace the rest of the market. The altcoin season index remains low at 22, reinforcing that altcoins have yet to reclaim momentum.
While altcoins may be nearing a turning point, Bitcoin’s control over the market remains a hurdle. For now, traders are watching closely to see if the tide finally turns.
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 10,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
