$ALT
The Altcoin Market Cap retrace continues
However, it is still a much shallower retrace compared to previous corrections originating at the $425bn mark
The entire purpose of this pullback is to demonstrate that the $425bn resistance (black) is weakening as a point of rejection
Once this retrace is over, Altcoin Market Cap may very well break to new ATHs in the next uptrend
Altcoin Market Cap breaks out to new All Time Highs in every cycle
