Analyst [Author’s Name] recently highlighted a significant development in the altcoin market. The chart reveals a clear support zone where dip buyers are accumulating, attracting attention from analysts who label this area as a favorable ‘hold’ zone on the chart. 700–800B market cap range marks the current consolidation phase following an earlier correction, showing signs of transitioning from resistance to solid support. This shift is a classic bullish signal in the altcoin cycle. Volume indicators indicate increased activity during this period of consolidation, suggesting institutional or large-scale investor accumulation, which Van de Poppe identifies as a ‘dip buying’ opportunity hinting at potential growth in the future. With Bitcoin stabilizing, altcoins may regain their momentum once this support level holds. This analysis comes from Coindoo.