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Altcoin Market Nears Inflection as Cycle Setup Mirrors 2020 Breakout

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Altcoin market conditions are showing signs of a potential breakout, with liquidity patterns echoing those seen before major rallies. Since 2022, altcoins have lagged behind Bitcoin, now trading at deep oversold levels on USD and BTC pairs. Technical indicators are stabilizing near key support, while Bitcoin dominance trends suggest a possible shift. The current setup mirrors the 2020–2021 cycle, which preceded a strong altcoin breakout. Market participants are watching for catalysts like spot crypto ETF approvals and traditional finance inflows.
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