The altcoin market is poised for a breakout as Q2 begins, with analysts predicting potential growth towards a $1.2 trillion valuation. After months of correction, recent trends suggest a surge could erase previous losses. Market consolidation signals an upcoming bullish movement. Chart patterns indicate a potential wedge breakout that points to a strong rally. The total market cap of altcoins (excluding Bitcoin and Ethereum) currently sits at $772.8 billion, experiencing a consistent downward trend since October 2024. Despite struggles to break through key resistance levels, historical trends suggest price action near the lower channel boundary often precedes rebounds. A surge in Q2 could mark a significant turnaround.