Altcoins May Be Approaching a Breakout as Market Structure and Momentum Signal Potential Upside

Key Points

1. Altcoin market cycles from 2015 to 2025 show consistent growth, with peaks in 2017 ($50 billion) and 2021 ($1.8 trillion), followed by corrections but maintaining long-term resilience.

2. The Relative Strength Index (RSI) indicates potential for a new bull phase, with current readings suggesting a possible strong rally ahead.

3. The crypto market cap reached $3.91 trillion in late 2024, reflecting 56% year-on-year gains, highlighting robust investor confidence and liquidity.

4. COINOTAG analyst Moustache notes that current market conditions mirror previous breakout cycles, suggesting a potential 'melt-up' phase for altcoins.

5. Key factors supporting altcoin growth include network activity, developer engagement, and real-world use cases.