According to Michaël van de Poppe (@CryptoMichNL), the current market sentiment places Bitcoin in a state of disbelief and altcoins in a depression phase. Historical data shows that such sentiment extremes often precede significant price recoveries and strong trading opportunities, as seen in previous market cycles (source: @CryptoMichNL, April 28, 2025). Traders may consider monitoring price action and volume indicators for potential entry points, since these psychological phases have historically led to outsized returns for both Bitcoin and altcoins once sentiment shifts.

According to Michaël van de Poppe, the recent period marked the 'worst quarter in history for crypto' and the 'longest' bear market for Ethereum ($ETH). Surviving this phase suggests potential positive market movements ahead, crucial for traders to consider strategic positioning.

According to Milk Road, Kyle Reidhead discusses the current market pump and warns traders about the potential traps in the crypto market. He emphasizes the importance of identifying genuine recovery indicators and highlights the entry of institutional investors as a significant factor. Traders should evaluate their holdings carefully to ensure they align with the changing market dynamics.

According to Eric Cryptoman, he reflects on a missed opportunity where he did not sell a cryptocurrency that has since increased 25 times in value, hoping it would recover from its lows. This highlights the importance of strategic decision-making in crypto trading to capitalize on significant gains.