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#ALTS MARKET CAP ANALYSIS
The ALTS market cap is holding above the support trendline of its ascending triangle pattern, suggesting a potential bounce. The Ichimoku Cloud and the 50MA are showing bullish momentum, reinforcing the recovery outlook.
If the price remains above the support trendline, a rebound in the altcoin market could follow. However, a breakdown from the pattern would indicate further correction, potentially extending the downturn.