According to Michaël van de Poppe, the cryptocurrency market is currently undergoing a correction, presenting a key opportunity for traders to accumulate positions in Bitcoin (BTC) and altcoins ahead of the next potential upward movement. He suggests that August could serve as a stabilization period, with a possible price recovery for BTC and altcoins later in the month, indicating a favorable accumulation zone for active traders (source: Michaël van de Poppe).