Crypto analyst Michal van de Poppe has ignited enthusiasm in the altcoin sector with his recent observations, suggesting a potential turnaround for several altcoins, particularly W. As enthusiastically stated in the publication, his insights, shared on October 13, 2025, come amid a turbulent market phase, raising hopes for a bullish reversal.
Significant Bullish Divergence Identified
In his tweet, van de Poppe pointed out a significant bullish divergence across multiple timeframes, including weekly, 3-day, and daily charts. This analysis follows a challenging week for W, which saw a steep 33% decline in price. However, the analyst believes that a bottoming process is in motion, indicating a possible foundation for future gains.
Market Indicators and Trading Volume Surge
The accompanying chart illustrates a descending trendline that has recently been breached, a classic indicator of a potential market reversal. Notably, W has experienced a remarkable 543% increase in trading volume over the past 24 hours, suggesting a resurgence of interest among traders. While some in the community express skepticism about the sustainability of this trend, others are optimistic, viewing the large base as a precursor to significant upward movement.
Implications for Traders and Market Sentiment
This bullish divergence, characterized by falling prices alongside strengthening technical indicators, often signals a reduction in selling pressure. For traders, this could represent a strategic entry point, particularly if the overall market sentiment begins to improve. Nonetheless, caution is warranted due to mixed reactions and W's recent underperformance relative to the broader crypto market. The crypto community is now eagerly awaiting confirmation of this potential trend.
As the altcoin market shows signs of potential recovery, historical patterns indicate that Bitcoin often rallies following periods of fear and uncertainty. For more insights on this trend, see the article here.
