Prominent market analyst Michael Van de Poppe outlined four conditions that, if met, would confirm an altcoin market rally. The wider crypto market is currently in a broad correction, weighing on many asset prices.
Ethereum Outperforms Bitcoin: A Positive Sign For Altcoins?
Ethereum has been more resilient than Bitcoin over the past month, a development often read as bullish for altcoins. In the last week, ETH gained 0.86% while BTC fell 1.95%. When ETH outperforms BTC, investor interest typically spreads from the market leader to other tokens. De Poppe says two technical conditions must follow for a full altcoin takeover: Bitcoin needs to break above $92,000 resistance—potentially testing $100,000—and the ETH/BTC ratio must remain above its 20-day moving average. Together, these would provide the technical foundation for widespread altcoin accumulation.
Macro Factors Could Amplify Altcoin Gains
De Poppe also points to macro factors that could push capital into riskier assets like cryptocurrencies. He suggests a 5–10% correction in gold combined with a peak in silver could redirect funds toward crypto. A strong upward move in the Nasdaq would likewise signal increased risk appetite, often translating into higher crypto activity. If these macro indicators align with positive momentum in Bitcoin and Ethereum, de Poppe estimates altcoins could see 200%–300% gains during the cycle.
Market Overview
At writing, the total crypto market cap stands at $3.04 trillion after a roughly 15.5% drop over the past month. The altcoin market cap is $1.26 trillion, representing 41.44% of circulating digital assets. CoinMarketCap’s altseason index reads 20/100, while Bitcoin dominance remains around 58.6%. In short, the prerequisites for a full-scale altcoin breakout haven’t fully materialized yet, but the highlighted indicators suggest the scenario could be approaching if momentum shifts decisively toward risk assets.
Featured image from Kriptomart, chart from Tradingview
