**Crypto Market Update: Altcoins Poised for Next Big Move**

Crypto traders are buzzing about the altcoin market entering a "reaccumulation stage." After reclaiming a key support area, altcoins could be gearing up for the "second leg of the cycle." Independent trader Mags noted that altcoins have surged 58% since breaking out from a 525-day accumulation period.

Despite a 33% drop in TOTAL2 (total market cap excluding Bitcoin) since March, the market shows signs of stability. Data from Bitformance reveals smaller cryptocurrencies have underperformed against Bitcoin, indicating it's not yet altcoin season.

Bitcoin's dominance is nearing a multi-year high at 56.56%, up 3% over the past 90 days. Analysts like Jelle and Moustache suggest the altcoin market is retesting key support areas, hinting at a potential uptrend.

Stay tuned as the crypto market prepares for its next big move.