🚨 ALTCOIN MARKET MEGA MOVE LOADING? 🚨
The *total altcoin market cap* has been consolidating inside a *bullish ascending triangle* for *4 years straight*. ⏳📈
This is a classic technical pattern that often leads to *major breakouts* once the resistance is finally broken.
🔍 *Here’s what’s happening:*
- *Higher lows* consistently show buying pressure 📊
- *Flat resistance* near the top of the triangle shows sellers getting weaker 😤
- A breakout could signal a *massive altcoin rally* across the board 🚀🔥
⚠️ *But first — the shakeout:*
This recent dip could be the final *fakeout or "shakeout"* to flush out weak hands before lift-off 💥
We’ve seen this kind of move before major runs in 2017 and 2020 📆
💡 *Analysis:*
- If BTC dominance drops + ETH starts climbing, the altcoin breakout becomes *very* likely 📉👑
- Watch for *volume spikes*, RSI breakout & closing candles above triangle resistance for confirmation 🕵️♂️
📢 *TLDR:*
Altcoin season might be closer than it looks. The structure is bullish, the pressure is building, and all it might take is one catalyst to light the fuse. Stay sharp. 🧠🚀💸