Analysts Claim Altcoins Reached Market Bottom, Ready for New Bull Run

Michael van de Poppe, a renowned technical analyst, affirmed that the altcoins have bottomed out. He also disclosed his current investment strategy, emphasizing his preference for altcoins due to their attractive pricing.

Van de Poppe specifically highlighted altcoins like Optimism (OP), Chainlink (LINK), Celestia (TIA), Woo (WOO), and Skale (SKL). He noted their potential to triple in value against Bitcoin with minimal risk.

Similarly, another technical analyst, Luke Martin focused on the Ethereum ecosystem's strength relative to other sectors.

He pointed to coins such as Optimism (OP), Arbitrum (ARB), and Polygon (MATIC). These are currently receiving significant attention in the crypto market.