Altcoin Market Cap: Four-Year Falling Wedge Points Towards Explosive Breakout

The altcoin market cap is poised for a significant breakout, with its four-year descending wedge pattern signaling bullish potential. This pattern suggests strong accumulation and readiness for a surge in price driven by rising on-chain activity. A recent decline in Bitcoin dominance (to 54%) opens the door for a “season” of altcoins, fueled by record stablecoin inflows and burgeoning DeFi volumes. The falling wedge’s apex is near, potentially resulting in an upside move of 2-3x or more within the coming months. However, short-term noise should be ignored as this trend is backed by sustained accumulation.