Michaël van de Poppe: Altcoin Cap at Optimal Bounce Level

Michaël van de Poppe noted that the #Altcoin market capitalization mirrors the start of the prior bull run and sits at an optimal level to bounce, setting up potential upside over coming months. All lows have been swept, allowing a copy of 2023 price action where reversal follows rather than deeper crashes on the same day. Further downside would print new lows and invalidate the bullish divergence thesis.