According to Odaily, Michaël van de Poppe, the CEO and founder of MN Trading, has shared his views on the current market situation. He expressed that the market is going through a dull phase and anticipates that this sideways consolidation will continue for some time.
In his statement, van de Poppe also mentioned that, as it appears now, altcoins are unlikely to face further downward pressure. This suggests a potential stability in the altcoin market, despite the overall market stagnation.
However, it's important to note that these are predictions based on current market trends and can be subject to change with fluctuations in the global economy and digital currency market. Investors are advised to keep a close watch on market trends and make informed decisions.