Altcoin Market Shows Signs of Recovery as Technical Indicators Signal Bullish Momentum

The altcoin market is experiencing a resurgence, fueled by bullish signals from technical indicators and major investor activity. RSI and MACD confirm this positive shift. Analysts point to a clear bearish reversal, with a falling wedge breakout indicating a change in trend towards upward momentum. Technical analysts are particularly excited about the potential for an extended rally if Bitcoin holds above $104,000 and Ethereum stays above $2,500.