From Disbelief to Opportunity: Altcoin Market Flashes a Classic
The altcoin market is currently holding above a critical support level—previously a strong resistance zone from March–April 2024—now sitting around $790 billion. This level once marked a ceiling before the market surged to its $1.16 trillion peak in December 2025.
What’s particularly compelling is the breakout from a wedge pattern that had been forming since that December top. With a solid horizontal base and this technical breakout in place, the structure hints at a potential move back toward the previous highs—signaling a promising opportunity in quality altcoins.
Meanwhile, Bitcoin is testing a major resistance level that once acted as a sideways range support between November 2024 and February 2025. Price has now re-entered that range, and BTC dominance (BTC.D), currently hovering above 64%, has been in a strong uptrend since 2022. However, a shift in dominance—should it begin to decline—could mark the start of a long-awaited altseason.
Yes, altcoins might be one of the least favored topics in the current climate—but historically, disbelief has often been the foundation of great opportunities. The market’s psychology at times like these rewards those who position early, not late.
Let’s see how the price action unfolds from here.
#TRUETIDE🌊
What’s particularly compelling is the breakout from a wedge pattern that had been forming since that December top. With a solid horizontal base and this technical breakout in place, the structure hints at a potential move back toward the previous highs—signaling a promising opportunity in quality altcoins.
Meanwhile, Bitcoin is testing a major resistance level that once acted as a sideways range support between November 2024 and February 2025. Price has now re-entered that range, and BTC dominance (BTC.D), currently hovering above 64%, has been in a strong uptrend since 2022. However, a shift in dominance—should it begin to decline—could mark the start of a long-awaited altseason.
Yes, altcoins might be one of the least favored topics in the current climate—but historically, disbelief has often been the foundation of great opportunities. The market’s psychology at times like these rewards those who position early, not late.
Let’s see how the price action unfolds from here.
#TRUETIDE🌊
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.