Altcoins Turn Bullish: Liquidity, Gold, and CNH/USD Point to Major Rally Ahead

Altcoins have endured a brutal bear market, but there might be a ray of hope on the horizon.

Crypto analyst Michaël van de Poppe shared his perspective on why a major shift in market trends could be unfolding, specifically highlighting the signals that suggest altcoins are turning bullish.

A Deeper Look at the Bear Market End

Van de Poppe points out that the past quarter has seen nothing but disappointment in the altcoin market, with nearly all coins failing to meet expectations. However, after closely examining the indicators, he believes we could be witnessing the beginning of a bullish reversal.

He encourages viewers to check out his full video analysis for a more in-depth breakdown of the market trends and the factors that could be driving this shift.

3 Major Macro Factors Pointing to Market Recovery

According to van de Poppe, the primary forces moving the markets are largely outside the crypto sector, and they boil down to three major developments:

1. Liquidity Is Increasing — Expect Bitcoin to Rise

Liquidity plays a crucial role in Bitcoin’s price action. As M2 money supply grows, so does Bitcoin’s value, thanks to its limited supply. Of course, underlying macroeconomic and geopolitical factors also come into play.

But the core principle remains: more liquidity, higher Bitcoin prices.

The global response to economic challenges has led to unprecedented stimulative actions in major economies.

2. Gold Peaking Could Mean Risk-On Assets

As traditional safe-haven assets like gold seem to be reaching their peak in the short-term, historically, we often see a rotation toward riskier assets such as stocks and cryptocurrencies.

3. CNH/USD and ETH/BTC Correlation: The Key to Altcoin Recovery

One of the most critical indicators, according to van de Poppe, is the correlation between the Chinese Renminbi (CNH) versus the USD and the ETH/BTC ratio.

Historical data shows:

• When CNH/USD breaks out of a major downtrend and starts trading above the 0.7 Fib level, it often coincides with a strong rally in ETH/BTC, typically pushing above the 0.3 Fib.

• This occurrence usually signals the beginning of an altcoin season.

This time, both indicators are showing positive signs, which could be setting the stage for a long-awaited recovery in the altcoin market.

Altcoin Markets: The Longest Bear Is Over

Van de Poppe notes that we have just exited the longest altcoin bear market in history — an incredible four years, compared to the previous record of 2.5 years ending in 2016.

With macroeconomic conditions shifting — gold potentially correcting, liquidity increasing, and the Chinese Renminbi showing strength — the scene appears set for a robust rebound in altcoins.

Final Thoughts: Opportunity Through Stress

In times of extreme uncertainty and economic stress, the biggest investment opportunities often emerge.

Michaël van de Poppe remains optimistic that macroeconomic factors are now aligning for a major move upward in altcoins. He suggests bookmarking this analysis and checking back in 6–12 months to see how it all unfolds.