Altcoin Market 2025: Which Phase Are We In? Top Crypto Analyst Reveals Critical Insights
Altcoins aren't just surviving—they're thriving. But where exactly are we in the cycle? One industry heavyweight weighs in.
Bullish signals or bear traps? Decoding the altcoin market's next move.
The expert breaks down key indicators—from trading volumes to network activity—that suggest we're entering a make-or-break period. Forget 'buy the dip'—this is about strategic accumulation.
And let's be honest: if traditional finance understood half of these metrics, they'd still find a way to overcomplicate them with spreadsheets.

Van de Poppe referenced the widely known “Wall Street Cheat Sheet” to illustrate his point—a chart mapping the psychological stages investors experience throughout a full market cycle. The depression phase, positioned after panic and anger, is characterized by despair and emotional exhaustion. It’s when investors feel hopeless, saying things like “my retirement money is lost” or “how can we pay for all this new stuff?”
READ MORE:According to the chart, this phase often represents the deepest point in the cycle, but also the final stage before a new upward trend. Historically, markets that survive the depression phase enter the disbelief stage, where early signs of recovery are met with skepticism. That’s followed by a shift into Optimism and then full-blown euphoria during the next bull cycle.
Van de Poppe’s analysis suggests that, while sentiment remains bleak, this could be a pivotal moment. With valuations at historical lows and many altcoins forgotten by retail investors, the conditions may be forming for a major recovery—one that rewards those who remain patient and forward-looking.
If history repeats, the depression phase may be the last stop before the altcoin market turns bullish once again.