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The market value of the altcoin shows a bullish divergence, similar to the bottom in 2022

2026-08-30 12:35:02
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The weekly RSI divergence in the market value of the altcoin is similar to the market bottom in 2022

Michaël van de Poppe said that the altcoin is building a bullish divergence at the end of the cycle. The proportion of altcoin trading volume in Binance futures fell from 63% to 47% in one week.

Altcoin Market Cap is taking on a weekly technical pattern similar to the bottom of the bear market in 2022. Analyst Michaël van de Poppe pointed to a bullish divergence between prices and the RSI. At the same time, the Total3 indicator shows a similar structure, while altcoin trading activity on Binance futures is declining.

The market value of altcoins tracks a large number of cryptocurrencies other than Bitcoin and Ethereum. Traders use Total3 to assess whether money is flowing into smaller digital assets. While prices continue to weaken, the RSI weekly lows are rising, which may indicate that momentum is improving.

The market value of altcoins has formed a structure similar to that in 2022.

Van de Poppe pointed out that the market value of altcoins is building a bullish divergence, which appeared at the bottom of the bear market in 2022. His analysis believes that the market is already in the late stage of the current downward cycle. He expects the divergence to become significant if prices confirm a reversal.

Source: X

The pattern of altcoin market value revolves around the weekly RSI behavior. Prices may hit lower or similar lows, while RSI forms higher lows. This difference suggests that the downside moment has weakened even though prices remain under pressure.

If prices fall below recent lows, demand may be tested again. Analysts watching this pattern expect prices to rebound strongly after such sweeps. Subsequent price recovery will provide clearer evidence that the divergence turns into buying pressure.

ETH/BTC breakthrough adds another signal to altcoins

The market value of altcoins has also attracted attention along with the ETH/BTC ratio. Analyst Moustache said ETH/BTC has broken through a downward expansion wedge that has lasted for about four years.

#Altcoins
Not many people are talking about it, but ETH/BTC recently broke through a four-year downward and expansionary wedge.
I cannot emphasize it enough:
Altcoins will rise sharply.
--(@el_crypto_prof) August 29, 2026

ETH/BTC measures Ethereum's performance relative to Bitcoin. The continued rise in this ratio may indicate that the market demand for Ethereum is stronger than Bitcoin. Traders often focus on this relationship when evaluating broader altcoin rotation.

The market value of altcoins faces different short-term signals in the derivatives market. Binance futures data showed that the proportion of altcoin trading volume fell from 63% to 47% in a week. As a result, Bitcoin and Ethereum accounted for the majority of futures activity during this period.

This round does not deny the deviation of the weekly line. It shows that derivatives traders have not yet made a large-scale switch to altcoins at this stage. The continued shift in trading volume, coupled with the recovery of Total3, will provide a clearer confirmation signal.

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