The next altseason will bring 500% gains?

The market’s been jittery, swinging like a pendulum after a strong espresso shot. Traders? Confused.

Maybe anxious. Like office workers watching the clock, waiting for payday.

Now, the legendary crypto whisperer, Michael van de Poppe, he’s not just watching from the sidelines. Nah, he’s saying something promising.

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Bargain prices

Right now, many investors are hanging back. The altcoin season index? Yeah, it dipped below 40, and analysts say that’s a clear sign Bitcoin still owns the turf. But van de Poppe?

He sees a whole other script. He’s betting that the real party is just getting started.

Remember those altcoins that hit their high notes earlier in the year? Most of them haven’t danced that dance yet, which to the sharp trader means one thing, bargain basement prices waiting to be snatched.

Now, hold onto your coffee mugs. Van de Poppe predicts if you’ve got patience, two to four months, some altcoins could rocket anywhere between 200% and 500%. That would be awesome, ngl!

Explosive breakouts?

Why’s he so sure? Look no further than Ethereum’s swing upward. ETH setting off on a climb is like the opening act spotlight igniting the stage.

It signals the market’s mood shift, traders feeling frisky, ready to roll dice on smaller, riskier altcoins. This risk-on vibe is often the harbinger of a full-blown altcoin frenzy.

And the action isn’t just talk, it’s on the exchanges. Take Binance, where altcoin deposits just hit an 18-month high with transactions zooming past 45,000 in a week.

CryptoQuant’s analyst Maartum gave the thumbs up to this growth. Social media’s quiet for now, but van de Poppe warns, hey, silence before the storm is classic, these lulls often set up explosive breakouts.

Ride the wave?

But don’t think every altcoin’s cruising toward glory. Some gems will stay buried, lacking the hype and momentum needed to ride the wave.

The altcoin season index sitting stubbornly at 37 reinforces that Bitcoin’s still king for now.

Yet even with that, a handful of favorites like Ethereum , XRP, Solana, Cardano, Sui, and Dogecoin are shaking off their slumps, posting fresh gains between 4% and 15%.

So there you have it, a predicted altcoin season resurgence that could turn small bets into big wins. We’ll see.