Key Notes

Poppe noted that a local top in gold could trigger a major altcoin upswing once selling pressure subsides.

Major altcoin seasons have begun in September every four years, with past cycles delivering up to 100x-125x gains in low-cap cryptocurrencies.

Expectations of a Fed rate cut and reduced Bitcoin dominance provide optimism for September gains.

Despite the strong Ethereum ETH $4 295 24h volatility: 2.6% Market cap: $518.52 B Vol. 24h: $29.84 B price performance throughout 2025 so far, the full-blown altcoins season is facing hurdles.

Popular crypto analyst Michael van de Poppe cites the gold rally as the reason behind this, stating that investors continue to be in the risk-off mode.

He also added that the gold chart is showing signs of a loca

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