#AltcoinBreakout 🚀 What is an “Altcoin Breakout” or “Altseason”?

A breakout in crypto is when an asset’s price moves decisively above a key resistance (or below support), often on high volume—signaling potential for a sustained trend . When this happens broadly across altcoins (non‑Bitcoin cryptocurrencies), it’s often called altseason—a period where altcoins massively outperform BTC .

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🔍 Is Altseason happening now?

💡 Market Indicators:

Bitcoin dominance has dropped from ~66% in late June to around 62–63%, signaling capital shifting to altcoins .

Total altcoin market cap (TOTAL2/TOTAL3) just broke out of a bullish cup‑and‑handle pattern—pushing forecasts up to $2–5 T .

Ethereum (ETH) broke above ~$3,400, with strong FOMO and retail interest—leading the charge .

Altseason Index (tracking altcoin vs BTC performance): 30‑day reading recently crossed 75, though longer‑term measures remain cautious .

✅ Conclusion: Multiple technical and market signals are aligning toward the early to mid‑stages of altseason, with room for more upside if BTC.D continues falling and altcap grows.

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🏆 Top Altcoins Showing Breakouts

1. Ethereum (ETH) – Leading the sector with breakout above $3,400 and high social media and on‑chain activity .

2. Stellar (XLM) – Jumped ~60% this week after a bullish head‑and‑shoulders breakout around $0.43 → target ~$0.60+ .

3. Chainlink (LINK) – Broke its falling wedge pattern with high volume; targets range from $20–25 .

4. NEAR Protocol – Broke out above resistance at ~$2.72, now targeting $3.00+ .

5. SOL, DOT, TON – Analysts at BeInCrypto see breakout potential after consolidation phases .