Altcoin Market Gears Up for Potential $3 Trillion Breakout

The altcoin market is approaching a pivotal resistance zone between $1.15 trillion and $1.4 trillion, known as the ‘Short Squeeze Zone’. This threshold is expected to be crossed soon. Technical analysis suggests further expansion targets of $3 trillion and $5.6 trillion. Bitcoin dominance has recently broken out of its ascending wedge, signaling a potential shift towards altcoins.