According to @CryptoMichNL, the Altcoins/BTC chart’s MACD is curling upward with a strong bullish divergence and he expects the first green histogram bar in four years, suggesting the broader crypto bull market is still early (source: @CryptoMichNL on X, Nov 9, 2025). For traders, a MACD bullish divergence and a histogram turning positive are widely interpreted as momentum-shift signals that can precede relative outperformance of altcoins versus BTC (source: Investopedia, MACD). Given this setup, traders may watch for confirmation via sustained histogram expansion and a MACD line cross above the signal line on the Altcoins/BTC ratio to time entries and manage risk (source: Investopedia, MACD).