Altcoins are gathering strength below the critical zone.

Bitcoin is approaching the $70K level again, despite the volatility in recent weeks.

Bitcoin had its highest weekly, monthly and quarterly close in its history last week.

Total Market Cap 3, where#Bitcoinand #Etherium were disabled, managed to settle above the dark blue region, which is a critical region.

As expected, there was a decline in Total Market Cap 3 around the green zone, similar to what we experienced on March 5, 2024.

The green zone has an importance that, if passed, will enable us to reach an environment where almost all of the products in your altcoin portfolio will gain value.

The current outlook under the green zone also whispers that this parity is not very weak.

This region may be crossed in April, but do not shape your investment decisions based on this possibility.

If spot#ETHETFs are accepted by May 23, the altcoin market will open up much more than most of you expected. Of course, I make these comments by looking at #ETH/BTC, #BTC.D and other important parities.

With Altcoin Market Cap and Total Market Cap 3 moving below major resistance zones, do not expect very strong performances from most of the altcoins.