Altcoins at a tipping point – Is a $10 Trillion explosion next? – BitRss

• The altcoin market is consolidating near a critical resistance zone, signaling a potential breakout.
• Ethereum upgrades and altcoin ETFs could fuel the upcoming altcoin surge towards $10 trillion.

The market is buzzing with speculation as experts point to a potential altcoin explosion reminiscent of the 2021 altseason.

With the altcoin market cap hovering around $1.42 trillion and chart patterns eerily mirroring those from 2021, many believe that history might be on the verge of repeating itself.

A look at the benchmark: The 2021 altseason

The 2021 altseason marked a significant turning point, with numerous altcoins witnessing exponential growth.

During that period, the total altcoin market cap surged from approximately $470 billion to $1.77 trillion in a matter of months.

There was a clear breakout from a prolonged consolidation phase, followed by a sharp upward trend. Notably, the market cap broke past key resistance levels, leading to substantial gains across the altcoin spectrum.

Today, the m…