Altcoin Market Cap Holds 'Critical' Support, Poised for Upside: Analyst

Crypto analyst Michaël van de Poppe believes the total altcoin market capitalization, currently over $879 billion, is positioned for a significant upward move toward its previous all-time high of nearly $1.2 trillion. This optimism stems from the Total3 market cap (excluding BTC and ETH) maintaining critical support around the $784 billion level and approaching the 365-day moving average. The expectation for an 'altseason' following a disappointing 2025 has been complicated by the invalidation of the traditional four-year Bitcoin cycle theory after BTC's first post-halving year closed red. Furthermore, market saturation due to over 29 million listed coins and the creation of liquidity silos by crypto ETFs have dampened the expected capital rotation from Bitcoin gains into altcoins.

(Source：Cointelegraph)