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Michaël van de Poppe Spots Altcoin Bottom as ALKIMI and APT Signal Rare Reversal Setup

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Prominent crypto analyst Michaël van de Poppe believes the altcoin market may have reached a critical turning point after recent capitulation wicks flashed potential bottom signals.

In his latest analysis, van de Poppe highlighted Aptos (APT) as a leading indicator of this pattern, noting that every time such a massive wick appears on charts, it often marks the bottom of altcoin cycles. “If APT closes above this crucial threshold, I assume we’ll start to have a green period from here,” he wrote, suggesting that the market could be entering a bottoming phase.

Van de Poppe described the current setup as a “tremendous opportunity” for long-term investors, emphasizing how rare it is to see such price structures align with key higher timeframe supports. According to his chart, Aptos has hit a major support zone while volume spikes suggest capitulation selling, a typical prelude to recovery phases.

The analyst also spotlighted Alkimi ($ALKIMI), calling it one of the most undervalued projects in the Web3 space.

He praised its consistent development progress and partnerships, revealing that Alkimi ranks in the top 50 revenue-generating projects in the ecosystem. “They’re constantly building further with the project, and they keep delivering,” he said.

Van de Poppe’s long-term view remains optimistic, asserting that both APT and ALKIMI could benefit from a broader altcoin market recovery if Bitcoin consolidates and investor confidence returns. “It’s quite rare,” he concluded, signaling that, in his view, the current market presents a unique accumulation window before the next upward cycle.

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Simon Njenga
Simon Njengahttps://www.ethnews.com/
Simon Njenga is a passionate crypto writer and blockchain enthusiast with a flair for making complex concepts accessible to the masses. With a background in finance and a keen interest in emerging technologies, Simon has become a trusted voice in the world of cryptocurrency. His work has been featured in leading crypto publications and websites, where he provides insights, analysis, and up-to-date information on the ever-evolving crypto landscape.
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