Altcoin Market Cap Surges 4.68% as Analysts Predict Altseason

Crypto analyst Merlijn The Trader has declared that the altcoin bear trap is officially over, signaling the start of a potentially explosive altseason. Drawing comparisons to historic market cycles, he pointed to similar breakout structures seen in 2017 and momentum patterns that mirror the rally of 2021.

In a chart shared on social media, Merlijn highlighted the “Altcoin Market Cap” trajectory, emphasizing three distinct phases of breakout—each followed by exponential growth. The current setup, marked by a red box and green arrows, mimics the early stages of previous altcoin booms, both of which preceded major bull runs in the crypto space.

The breakout structure, he noted, is identical to the one observed before the 2017 altcoin explosion, while the current price strength resembles that of 2021’s rally. This combination, he argued, indicates that the market is entering the early stages of a parabolic move.

Merlijn’s message is clear: the window to front-run altseason is now open. He cautioned that those waiting for further confirmation may miss the biggest moves, stating, “Front-run altseason now… or get left in the dust.”

With total altcoin market cap pushing above $3.2 trillion and up 4.68% on the day, the technical and psychological setup appears aligned for a major expansion phase—one that historically follows the completion of bear traps.

Analysts and investors will now be watching closely to see if this breakout materializes into the type of altcoin surge that defined prior cycles.