Crypto market analyst Michaël van de Poppe believes that the current correction in the altcoin market may end within a few weeks of 2025. He notes that the TOTAL3 chart, which tracks the market capitalization of all cryptocurrencies excluding Bitcoin 
$64,336, Ethereum 
$1,874, and stablecoins, is likely to enter an upward trend soon.
Ethereum and Other Altcoins
Van de Poppe indicates that Ethereum is showing bullish signals against Bitcoin (ETH/BTC). Additionally, other altcoins, such as the scaling solution Optimism (OP), are witnessing increased trading volumes, suggesting significant accumulation by investors.
“Looking at the altcoin market and analyzing TOTAL3, we see a high likelihood that the market correction is nearing its end. We could experience another week or two of correction at the beginning of January, after which we may rise again.” – Michaël van de Poppe
He pointed out that OP/BTC has increased by 5.83% in the last 24 hours, reaching 0.00002051 BTC, while ETH/BTC has risen by 3.23% to 0.03675 BTC.
“Ethereum’s upward movement against Bitcoin and the growing interest in altcoins like Optimism show that the Ethereum ecosystem is still significantly undervalued.” – Michaël van de Poppe
Van de Poppe emphasizes that the Ethereum ecosystem is in a consolidation or minor correction phase, which leaves a substantial gap in its overall value.
Investor Interest and Market Expectations
He believes that the end of the general market correction is near, and investor interest is increasing. He advises closely monitoring the market movements of assets outside of Bitcoin and Ethereum.
If the anticipated correction in the altcoin market concludes, it is expected that investors may re-enter the market, leading to upward price movements.
