The altcoin market is showing signs of change, and analysts raise questions about a potential end to a long decline. Trading data indicates a new bottoming process.
Bullish Divergence Across Altcoin Markets
Analyst Michaël van de Poppe noted a strong bullish divergence forming across the altcoin market. His chart on TradingView shows the previous market peak followed by an extended downtrend. Van de Poppe explained that the current decline appears to be entering a new bottoming phase.
He noted that volume has increased, which could indicate a trend reversal. Historically, such divergences have often preceded strong rallies in the altcoin market. According to his analysis, this setup signals that accumulation is worth considering.
Repeated Altcoin Season Patterns
Meanwhile, Merlijn The Trader pointed out that altcoin season patterns are repeating. He advised investors to avoid being shaken out during this stage. According to his observations, markets tend to generate fear before strong upward moves.
Testing Conviction and Patience Among Investors
Simon V. Hardy, Co-Founder and CEO of Nivex, reacted to this outlook. He remarked that cycles are designed to test conviction. Hardy added that most investors are shaken not by external conditions, but by their own impatience.
Current trends in the altcoin market indicate potential opportunities for investors, but it is important to maintain patience and evaluate options considering market cycles.
