The Altcoin Market: A Critical Juncture 🚨📍🚨📍🚨

The total market capitalization of altcoins is currently consolidating below its all-time high, following a brief breakout and rejection 📉.

As long as the market remains within the ~$840 billion to ~$1.1 trillion range, I anticipate choppy trading conditions 🌊.

A sustained breach of the all-time high, coupled with a move into price discovery, would likely mark the beginning of the Euphoria/Mania Phase 🚀.

However, if the market were to trade below ~$800 billion, caution would be warranted ⚠️.

While it's possible that this could still represent a higher low, it would compromise the overall market structure 📊.

In my view, a retreat to this level is unlikely if the market is poised to advance in 2025 🔜."

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