#MyStrategyEvolution Altcoin Breakout — Bullish Trend or Just a Relief Correction?
The recent surge in altcoin prices has sparked optimism among investors. Ethereum, Solana, and several other layer-1s have recorded increases, while DeFi and AI tokens have also shown impressive performance. However, the question now is: Will this rally continue throughout the week?
Technically, many altcoins have broken through weekly resistance, indicating potential valid breakouts. Additionally, trading volume has increased, and Bitcoin's dominance is starting to weaken, opening up space for capital rotation into altcoins.
In conclusion, this altcoin breakout shows strong momentum, but the sustainability of the rally is highly dependent on Bitcoin's stability and global market sentiment. Traders are advised to remain disciplined: follow the trend, but be wary of reversals.
