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<ul><li>Altcoin season may be approaching as total3 market cap, excluding BTC and ETH, nears crucial resistance level, indicating investor interest.</li><li>ETH’s performance and growing altcoin market share suggest a shift in cryptocurrency power dynamics and the rise of alternative coins.</li><li>Crypto market dynamics are evolving, emphasizing the importance of altcoins and potential changes in market dominance in the future.</li></ul>The digital assets market is showing signs of an imminent <a href="https://cryptotale.org/?s&#61;altcoin&#43;season" rel="noopener noreferrer nofollow">altcoin season</a> as the total3 market capitalization, excluding Bitcoin (BTC) and Ethereum (ETH), approaches a crucial resistance level as highlighted in a tweet on the X platform by Cryptobusy, a well-known crypto analysis platform. This potential breakout suggests a growing interest in alternative cryptocurrencies and hints at an evolving market landscape.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/34a420d3d6564ddfb966b5b6e9e17258.png" />According to CryptoBusy&#39;s analysis, the total market cap, spanning from 2021 to 2024, shows significant fluctuations. Initially, there was a peak, followed by a sharp decline. Recently, however, an upward trend is evident with investors closely watching the &#34;Major Resistance&#34; level as breaking through it could signal a stronger bullish trend.Moreover, the analysis included a callout box showing an 18.10% increase in market cap. This change signifies growing investor confidence in altcoins. As per latest CoinMarketCap <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">data</a>, the total trading market volume over the last 24 hours is $72.14B, which makes a 3.67% increase. Consequently, Ethereum&#39;s price, now at <a href="https://www.coingecko.com/en/coins/ethereum" rel="noopener noreferrer nofollow">$2,354.37</a>, reflects a 12.30% rise over the past week similar to BTC’s at<a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow"> $43,232.51</a> with a 12.88% uptick.Read full article at <a href="https://cryptotale.org/crypto-analysts-predict-impending-altcoin-season-amid-market-cap-surge/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Crypto Analysts Predict Impending Altcoin Season Amid Market Cap Surge

CryptoTale

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