Cryptocurrency analyst Michaël van de Poppe believes a new altcoin season is on the horizon despite his own significant portfolio losses. He argues that traditional market cycles are no longer valid as Bitcoin becomes more mature and ETFs offer independent investment opportunities. Van de Poppe highlighted the divergence of current market conditions, particularly the lengthy bear market in altcoins compared to previous cycles where Bitcoin experienced a strong rally before halving. He recommends focusing on price and risk management over time-based strategies, suggesting that Ethereum’s recent breakout above the 20-day EMA is a positive signal for a potential bull run.