#AltcoinBreakout This typically occurs when capital rotates from Bitcoin into altcoins, driving their market capitalization and trading volumes higher.
Key indicators include a decreasing Bitcoin dominance, a rise in the total altcoin market cap, and strong bullish sentiment across various altcoin sectors like DeFi, Layer 1s, and AI. Technical patterns, such as breaking through key resistance levels with high volume, also signal a potential breakout, leading to what's often termed "Altcoin Season