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Altcoins just lost their ascending triangle structure, but the bigger picture isn’t broken yet.
The total altcoin market cap is now sitting inside a major demand zone, with the 200MA positioned right below price acting as a key technical cushion.
This area matters.
If buyers defend it, we could see a relief bounce that brings momentum back to the alt market and potentially rebuild bullish structure.
But if this zone fails and the 200MA gives way, it may trigger a broader correction across many altcoins.
For now, the market is in a decision zone the reaction here will likely shape the next short-term trend.
#Crypto #Altcoins #Alts