- A massive bullish divergence emerged in the altcoin market.
- Altcoins have fulfilled the initial steps in a bull run by retesting support.
- There is a significant momentum buildup in the altcoin market.
Well-known crypto market analyst Michael van de Poppe says he’s spotted a massive signal that could shape the altcoin market’s next big move.
Van de Poppe’s latest post on X highlighted a significant divergence on the weekly altcoin capitalization chart. The analyst interpreted the chart formation and explained the potential outcome after the signal.
“Longest Bullish Divergence Ever”: Altcoin Cap vs. BTC Chart Shows Major Signal
Van de Poppe detailed that this massive bullish divergence on the altcoin market capitalization vs. BTC chart formed over an extended period, from the middle of 2023 right through to May 2025. During much of this time, the overall altcoin market capitalization faced bearish pressure.
Related: Altcoin Season Is Clearly “Loading”: Key Indicator Has Flipped Big Bullish Green
However, technical indicators show the downward move has lost momentum. Van de Poppe analyzed the chart and observed how the altcoin capitalization reactivated old support, confirming that a potential uptrend is imminent.
Key Bullish Signals Align: Trendline Breakout, Support Retest Complete
According to the analyst, the multiple events that altcoin bulls expect to happen after a divergence are all in place. They include a breakout above the downward trendline and a retest of established support.
Van de Poppe highlighted those events, showing their fulfillment. That explains his heightened expectation of an altcoin market rally soon.
TOTAL3 Altcoin Cap at $895B (Up 45% Since April Low); Broader Uncertainty Lingers
Data from TradingView showed that TOTAL3, the total market capitalization of all cryptocurrencies, excluding Bitcoin and Ethereum, was $895.18 billion at the time of writing. That reflects a 45% surge since the first week of April after the metric crashed to a $660.6 billion yearly low.
Related: Why The Next Altcoin Season Could Be the Biggest Ever
The current state of the altcoin market suggests a bullish momentum buildup, considering the prolonged expectation of an altcoin season among many crypto users. However, most crypto analysts believe the relatively low energy in the altcoin market results from the prevailing uncertainty in the global socioeconomic ecosystem. The situation may change soon, with Donald Trump and other stakeholders initiating steps to negotiate a way forward.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
