#AltcoinBreakout
...The term "altcoin surge" refers to a notable upward movement in the price of a cryptocurrency (any digital currency other than Bitcoin) after a period of stability or a downward trend. These surges are often fueled by Bitcoin's stability or a decline in its dominance, allowing capital to flow into other digital assets.
The current market situation indicates an increasing probability of altcoin surges. The recent rise of Ethereum and the broader altcoin market capitalization (TOTAL2) surpassing key technical levels indicate renewed bullish momentum. Analysts note that many altcoins are forming bullish patterns, and some expect a "range-bound zone" similar to the altcoin season of 2021. This often coincides with increased interest from retail investors seeking higher returns beyond Bitcoin....