According to Michaël van de Poppe, gold has entered a downtrend, as evidenced by the formation of lower highs on technical charts (Source: @CryptoMichNL on Twitter, May 13, 2025). This pattern typically signals a period of short-term consolidation for gold prices. For cryptocurrency traders, this shift is significant as it may redirect capital flows from traditional safe-haven assets like gold into altcoins, potentially driving further upside in the altcoin market. Traders should monitor gold's price action and altcoin price movements for breakout opportunities, given the historical inverse correlation between gold and riskier crypto assets.