#ALTS MARKET CAP ANALYSIS
The ALTS market cap is currently consolidating within a symmetrical triangle, indicating a period of indecision and potential for a significant move once a breakout or breakdown occurs.
The Ichimoku Cloud is serving as a key resistance barrier, with price action repeatedly facing rejection from its upper boundary.
This resistance adds to the uncertainty, suggesting that a decisive move above the cloud could signal a bullish breakout, while a breakdown below the triangle could confirm a bearish trend.
Traders should closely monitor for a clear breakout or breakdown, accompanied by strong volume, to confirm the next direction for the ALTS market cap.