According to Michaël van de Poppe (@CryptoMichNL), altcoins are currently in a standard accumulation phase, trading at the lowest point of their market cycle. Poppe notes that during this stage, each upward movement triggers profit-taking and market exits, but sustained accumulation could clear out sellers and set the stage for significant rallies. For traders, recognizing this accumulation pattern is crucial for timing entries before potential large-scale moves, as historical cycles suggest that altcoins can experience outsized gains once seller pressure diminishes (source: Michaël van de Poppe on Twitter, June 2, 2025).