#AltcoinBreakout
Altcoin Breakout Explained šš£
An altcoin breakout occurs when cryptocurrencies other than Bitcoin suddenly surgeāoften starting when Bitcoin stabilizes or tops out, pushing capital into altcoins. This marks the early stages of an āaltseason,ā where altcoins outperform Bitcoin over weeks or months.
Signs emerging now include:
⢠Declining Bitcoin dominance (from ~66% to ~64%).
⢠Altcoin-cap indexes (TOTAL3) breaking key resistance, with bullish MACD crossover and rising RSI.
⢠Institutional inflows reviving, along with rising trading volume across altcoins.
These factors suggest weāre entering a breakout phaseābut caution is wise until wider confirmation appears.