Recent altcoin market activity has triggered a double bottom pattern, accompanied by a bullish signal from the MACD indicator. These patterns closely resemble those observed during the 2018-2021 crypto supercycle, which saw tokens surge by up to 15x in value. This suggests that the altcoin market might be on the cusp of another significant rally. Analysts highlight a strong resemblance between this current setup and the previous cycle’s pattern, signaling a potential for explosive growth. 2018’s low-capital-inflow situation is absent from this cycle, instead featuring increased institutional participation, ETF approvals, and broader liquidity pools – all of which contribute to greater market strength. Bitcoin’s positive momentum often influences altcoins, potentially driving the double bottom and MACD signals further.