According to Michaël van de Poppe (@CryptoMichNL), gold tested a key resistance level today and was instantly rejected, which is a strong indicator for continued downward movement in gold prices. This trend is directly tied to the performance of altcoins, suggesting possible further weakness in the altcoin market if gold continues to fall. Traders should closely monitor gold’s consolidation, as prolonged consolidation may increase volatility in both gold and altcoin markets. Source: Twitter (@CryptoMichNL, June 11, 2025).