The TOTAL2 chart representing the overall altcoin market cap is hovering right above a major support zone, a level that has historically triggered strong reactions. Holding this support is crucial; a breakdown could invite heavy selling pressure across the altcoin market. However, this area also presents an attractive accumulation opportunity for patient investors, as markets often see relief rallies when testing such key levels. With sentiment still fragile, any bounce from here could offer short-term upside before the next major move. Monitoring this zone closely is essential, as it may determine the direction of the entire altcoin sector in the coming days.
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