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In a recent tweet, prominent crypto analyst Michaël van de Poppe highlighted an intriguing observation about the Total.3 chart, representing the broader cryptocurrency market excluding Bitcoin (BTC) and Ethereum (ETH). The chart revealed that altcoins are currently in the midst of the depression stage of the market cycle, indicating a potential retest of lows and the groundwork for a subsequent upward grind.Renowned crypto analyst Michaël van de Poppe shared his bullish perspective on the Total.3 chart in a recent tweet:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ca2360cf059c462a80c63934e4d63455.png" />As crypto enthusiasts eagerly await a market rebound, this latest insight from CryptoMichNL fuels optimism for altcoin investors. While Bitcoin and Ethereum have historically dominated the crypto narrative, altcoins have been quietly biding their time, preparing to seize the spotlight.Van de Poppe&#39;s analysis suggests that the Total.3 chart aggregates various cryptocurrencies, excluding BTC and ETH, and has entered the depression stage. This stage often represents a period of consolidation and reevaluation before an upward movement. Consequently, altcoins could be on the cusp of a resurgence, poised to regain their momentum and outperform the two major digital assets.-Read full article at <a href="https://cryptotale.org/altcoins-poised-for-a-resurgence-as-total-crypto-market-seeks-bottom/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Altcoins Poised for a Resurgence as Total Crypto Market Seeks Bottom

CryptoTale

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