According to Michaël van de Poppe, a new bottoming process is taking place in the Altcoin markets when valued against Bitcoin, indicating a possible bullish divergence. This suggests potential upward momentum for Altcoins relative to Bitcoin, which traders should monitor closely for trading opportunities. The analysis highlights a critical point for traders to evaluate their positions in the Altcoin market as this divergence could signal a trend reversal. [Source: Michaël van de Poppe on Twitter]

According to CryptoMichNL, the altcoin market is currently undergoing a bottoming process. This phase may present potential buying opportunities for traders as prices stabilize and prepare for a potential upward movement.