Cryptocurrency analyst Michaël van de Poppe stated on May 11 that altcoins are beginning a breakout, lagging one to three weeks behind Bitcoin. He and other traders note this pattern has historically led to significant percentage gains for altcoins, with momentum potentially delivering returns of 100-300%. This outlook coincides with notable price increases for several mid-cap tokens over the weekend.
Analyst Michaël van de Poppe stated that altcoins are breaking out after running one to three weeks behind Bitcoin’s recent move. He argued that if Bitcoin rose 40% from lows, altcoins could gain 100-300% depending on momentum and available liquidity.
Trader Mark Chadwick posted that altcoins are flashing their strongest signals in years, citing a major falling wedge breakout. He noted the broader backdrop includes expanding liquidity and the potential passage of the Digital Asset Market Clarity Act of 2025.
The Senate Banking Committee is scheduled to consider the crypto market structure bill on May 14. Chadwick argued that clearer regulation could attract institutional money, potentially moving the market on a different scale.
Van de Poppe also updated followers on his personal altcoin portfolio, valued at approximately $78,000 from an initial $160,000 investment. He plans to add another $40,000 in tranches through September 1, believing the market has likely bottomed.
This commentary aligns with a broader market uptick where several altcoins posted large gains. Tokens like ONDO and JUP rose more than 20% in a single day, while Solana climbed 11% weekly to around $95. Bitcoin traded near $81,000 with minimal 24-hour movement.
