Popular crypto analyst Altcoin Sherpa has flagged a possible pause or reversal in the recent altcoin bull run, noting that the current rally across many meme and low-cap altcoins—such as POPcat and SUI—has generally lasted between one and two-and-a-half months.
Sherpa shared comparative charts highlighting these bullish phases, with durations ranging from 44 days to 73 days across various tokens.
While these runs have been substantial in terms of price appreciation, he notes they tend to follow a predictable pattern in terms of duration and volume surge.
In a follow-up analysis, Sherpa pointed out that POPcat is showing early signs of a potential double top—a bearish chart pattern where two peaks form at similar price levels, often signaling a trend reversal.
He noted that the token has made a lower high and is now pulling back, though he doesn’t believe the bull cycle is necessarily over just yet.
“The next few days should be pretty telling,” he said, suggesting that traders should watch closely for confirmation of whether this is a temporary correction or a more structural shift in sentiment.
Source: https://coindoo.com/crypto-expert-cautions-on-potential-exhaustion-in-meme-coin-rally/