Altcoin Market at a Crossroads: Breakouts or Bearish Shifts?

The altcoin market is situated near the crucial 50% to 78.6% retracement levels, with $157 million playing a critical support role. While the market has demonstrated resilience relative to Ethereum, these recent price movements point toward a decisive moment for the entire sector. Experts analyze a potential breakout above $1.1 trillion as an indicator of a bullish cycle. Conversely, a failure to break through this barrier could lead to consolidation.