#ALTS MARKET CAP ANALYSIS

The ALTS market cap is consolidating within a descending triangle pattern and is currently rebounding from the horizontal demand zone.

The Ichimoku cloud is acting as resistance above the price action, indicating bearish momentum. We need to watch for a successful breakout or breakdown.

A breakout would signal a bullish trend in the ALTS market, while a breakdown would indicate a bearish trend. Keep an eye on this development.