According to Michaël van de Poppe (@CryptoMichNL), gold recently broke a crucial resistance level and is now consolidating, which historically signals downward momentum for altcoins regardless of broader news. He highlights that if gold drops below the $3,400 mark, it could trigger significant movement in the altcoin market, with potential for a bullish reversal in altcoins. Traders are advised to monitor the gold price closely as a leading indicator for altcoin trends. (Source: Twitter/@CryptoMichNL, June 13, 2025)

According to @AltcoinGordon, CryptoQuant’s Bull-Bear Market Cycle Indicator has flipped bullish again as of May 17, 2025, suggesting a potential upward trend for the cryptocurrency market. This indicator, widely tracked by institutional and retail traders, is used to identify key trend reversals and market sentiment shifts. The flip to bullish typically signals increased buying momentum, making it a critical metric for those seeking entry points or considering adjusting their positions. Historically, shifts in this indicator have preceded significant price movements for Bitcoin and major altcoins, underlining its value for active traders (source: @AltcoinGordon via Twitter, CryptoQuant).