Master Analyst Makes You Happy: Correction for Altcoins Ends on This Date!

Famous cryptocurrency analyst Michaël van de Poppe made a critical statement for altcoins. Michaël van de Poppe predicts that the correction in the altcoin market may end soon. Van de Poppe states that the TOTAL3 chart indicates an upward reversal in the weekly chart. This chart follows the market value of other altcoins that do not include crypto assets such as Bitcoin and Ethereum. Van de Poppe says that the correction will last another week or two. Then he thinks it will rise again. He also says that Ethereum has entered an uptrend against Bitcoin. He states that other altcoins such as Optimism have been accumulated by investors due to the increasing trading volume. According to Van de Poppe, this shows that the $ETH ecosystem is still significantly undervalued.

In his latest Youtube post, the trader also explained when he thought the altcoin correction would end. According to the analyst, the altcoin correction will end in a few weeks. Cryptocurrency analyst and trader Michaël van de Poppe believes that the correction in the altcoin market will end just a few weeks before 2025. In a new video update, Van de Poppe tells his 169,000 YouTube subscribers that he expects the TOTAL3 chart to soon witness a bullish reversal on the weekly chart. The #TOTAL3 chart tracks the market cap of all crypto assets except #Bitcoin (BTC), #Ethereum (ETH), and stablecoins. The analyst says: "When you look at the altcoin markets, for example, when you look at the TOTAL3, which is the altcoin market cap in the #USDT valuation, we have seen a significant big run that has passed the all-time high at this point. And now we are experiencing a very general correction in the markets, and we are probably approaching the end of this correction. Maybe starting in January, this correction will continue for another week or two, and then we will start to rise again."