Michael Van de Poppe told why the Altcoin season does not come

The last real season of Altcoin was in 2017, when most tokens sharply rose. Analyst Michael Van de Poppe notes that such cycles were not repeated in 2021 or 2025.

Now the Bitcoin season is observed on the market, since the altcoin season index is below 25, which is far from the necessary 75.

Underestimated altcoins, which should be followed in the next cycle

Michael Van de Poppe connects the last season of altcoin on 2017, when altcoins such as Ethereum and Ripple have grown significantly. However, in 2021 there was only a surge of new altcoins, and 2025 became the “fiesta memcoirs.”

“This cycle turned out to be completely different compared to the previous ones and turned out to be very difficult,” the expert commented.

The schedule of the altcoin season index from Blockchain Center clearly shows this trend. The index remained below 50 for most of the 2024 and 2025, emphasizing the dominance of bitcoin. According to CoinmarketCap, the dominance of bitcoin at the time of writing is 63%-this is much higher than 38% during the 2017-2018 altcoin season.

Van de Poppe noted that now investors have been divided into two groups. One part expects a continuation of the bear market, and the other hopes for a new bull cycle. However, the analyst believes that both sides may be mistaken. Instead, he offers to focus on the fundamental value of altcoins, not paying attention to the “time frame”.

“The complexity of this cycle has increased significantly, and it is stupid to build the entire script on the events of the past,” said Michael Van de Poppe.

Macroeconomic factors play a key role in the formation of the altcoin season. Van de Poppe noted that a decrease in interest rates and a weakening of the US dollar may contribute to the fact that altcoins will surpass Bitcoin.

Another positive feature is the development of the Defi ecosystem and the growing adoption of altcoins, such as Ethereum.

“For me, the altcoin season is the time when I can acquire altcoins that are extremely underestimated, but have strong teams that are stable and continue to develop. There are many such projects, and they are extremely, extremely underestimated, ”added Michael Van de Poppe.

Investors should be attentive and choose projects with strong teams and reliable fundamental indicators, and not follow short -term trends. In the current market, a long -term strategy and a thorough analysis will be the key to successful investments in the upcoming season.

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Source: Cryptocurrency

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