According to @CryptoMichNL, the current market setup mirrors Q3/Q4 2019 and points to an imminent downside break in BTC dominance. Source: @CryptoMichNL on X, Dec 4, 2025. He states that ETH has held a strong level and is attracting increased buyer interest, indicating potential ETH outperformance if BTC dominance declines. Source: @CryptoMichNL. The thesis suggests traders monitor BTC dominance for a breakdown and watch the ETH/BTC pair for relative strength to capture rotation risk. Source: @CryptoMichNL.

According to @CryptoMichNL, current crypto market activity feels like a ghost town, a setup he says he has only witnessed twice before during late 2019 near the final leg of that cycle’s bear market and in early 2023, both of which preceded strong uptrends source: @CryptoMichNL on X, Nov 30, 2025. He adds that these past occurrences were among the best periods to accumulate positions and that the present phase appears similar for Bitcoin (BTC) and altcoins, implying an accumulation-focused strategy may be warranted now source: @CryptoMichNL on X, Nov 30, 2025.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin dominance (BTC.D) remains comparable to the 2019 cycle and has been rejected at the weekly 20-MA, with the next move he expects being a drop, source: @CryptoMichNL on X, Nov 14, 2025. Traders are watching the BTC.D weekly 20-MA rejection as a signal for potential downside follow-through in dominance, per @CryptoMichNL on X, Nov 14, 2025.

According to Michaël van de Poppe, the correlation between CNH/USD and ETH/BTC is a strong regime indicator for altcoin bull and bear markets, with both now in an uptrend after bottoming in April; source: Michaël van de Poppe (@CryptoMichNL) on X, Sep 28, 2025. He states both CNH/USD and ETH/BTC bottomed in April similar to the 2019 low and are currently correcting within an uptrend, implying momentum has not been lost; source: Michaël van de Poppe (@CryptoMichNL) on X, Sep 28, 2025. He concludes this setup marks a buy-the-dip period for altcoins, guided by the CNH/USD and ETH/BTC correlation signal; source: Michaël van de Poppe (@CryptoMichNL) on X, Sep 28, 2025.