The altcoin market cap confirmed a breakout and retested support at $815B with strong follow-up action.
Current structure suggests the trend may push total altcoin value toward the $900B or $920B resistance zones.
This move follows a pattern last seen in May when a breakout above $780B sparked a sustained market rally.
The total crypto market cap for altcoins, excluding Bitcoin and Ethereum, is following a bullish setup after confirming a trendline breakout. A successful retest of both the descending trendline and key horizontal support has opened the door for further upside movement. Current projections indicate that altcoins may surge if this momentum continues above the crucial $820B level.
Source: X
According to a June 30, 2025 update from World of Charts, the market is executing a previously forecasted pattern. The chart shows a breakout from a descending wedge followed by a precise retest of horizontal resistance. A new breakout path has been plotted on the chart, indicating that altcoin valuations may climb toward higher capital zones if the structure holds.
Altcoin traders are now watching closely to see if the horizontal resistance flip confirms a broader trend reversal. The technical confluence of breakout plus retest places the current structure in strong position for bullish continuation. Market observers believe that if this level sustains, a surge in total market cap could be imminent.
Technical Structure Aligns With Bullish Recovery Signs
The formation under review began with a falling wedge pattern during June 2025, which typically signals a reversal when broken to the upside. On the current 4-hour chart, this breakout has now occurred, with the price closing above the upper wedge boundary near $812B.
Following the breakout, a retest phase ensued—marked by the asset briefly dipping to the horizontal zone just below $815B. That key support held, validating the structure and preparing the chart for the next stage. This behavior suggests strength in the setup and has historically been a precursor to sharp upward continuation.
This move builds on a similar bullish event seen in early May when altcoin market cap reclaimed trendline resistance near $780B. Traders noted that once support was reclaimed, follow-through buying lifted prices to above $920B. Current behavior mirrors that structure, with momentum potentially pointing toward a $900B retest.
Market Reactions and Projected Continuation
Traders have expressed renewed confidence in altcoins following this structural confirmation. Many are now speculating on near-term targets, with projections pointing to levels between $880B and $920B. If these projections hold, the altcoin sector may soon lead broader crypto market activity.
The visualized arrow on the chart suggests an expected surge, showing price extending strongly beyond the $820B threshold. The outlined move is consistent with price action following breakout-retest patterns seen in past altcoin cycles. Such patterns typically result in sharp rallies when macro and volume conditions align.
The reaction has also prompted traders to revisit market cap resistance zones that were last tested in May. These zones, including $920B and $940B, could act as future ceiling levels should momentum persist. Meanwhile, Bitcoin dominance is expected to dip slightly, favoring capital rotation into altcoins. Can altcoins maintain this structure and reclaim previous highs above the $900B mark?
