Altcoin Market Cap Forms Cup & Handle, Eyes $3 Trillion Breakout

An exciting potential breakout is brewing in the altcoin market as a cup and handle pattern emerges, signaling a possible surge to $3 trillion. This bullish structure, supported by declining Bitcoin dominance, suggests sustained investor confidence and accumulating activity. Analysts believe this consolidation phase is setting up for significant upward movement. 1.2T currently serves as resistance, and if broken, the projected target of $3.12 trillion could be reached. This shift in sentiment, coupled with Bitcoin’s recent decline, has seen altcoins benefit from a market rotation, leading to increased buying activity. Traders are closely watching for volume-driven confirmation of this breakout at the handle level, a crucial moment that could propel the entire market to new heights.