๐ Altcoin Market Outlook
The total market capitalization of altcoins is approaching a critical resistance level.
If altcoins manage to consolidate above this level, we could be on the verge of a record-breaking altseason. The fact that DOGE has gained 40% in the past month (the highest among the top-10 cryptocurrencies) suggests that investors are already willing to take on additional risk.
โ๏ธHowever, I expect a sharp rise in altcoins will only begin after Bitcoin reaches a new all-time high (ATH).
So let's keep a close eye on the situation.
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