According to Michaël van de Poppe, Bitcoin is currently absorbing liquidity, indicating a potential bottoming process. Additionally, altcoins are demonstrating strength, evidenced by notable movements in BTC trading pairs.

According to Michaël van de Poppe on Twitter, Bitcoin is currently in a critical zone where maintaining liquidity below $85K is essential for market stability. This situation is comparable to previous patterns where a decline in gold prices led to a bounce in BTC pairs. Furthermore, the daily Relative Strength Index (RSI) for Bitcoin has reached its lowest point since August 2024, indicating potential for market reversal or stabilization. These factors are pivotal for traders assessing Bitcoin's next move.

According to @CryptoMichNL, altcoins are showing signs of recovery at the final stages of a market correction. For the first time, BTC pairs have risen significantly, suggesting a possible bottom for altcoins. The analyst expresses satisfaction with his current positioning and expectations.