The altcoin market is potentially entering a new phase of growth, breaking the downtrend from 2021 and setting the stage for a rally. Ethereum is expected to dominate discussions about overtaking Bitcoin during this phase. Factors such as the Federal Reserve's potential interest rate cuts and institutional investors' interest in altcoins like Polkadot are driving optimism. Technical indicators also suggest positive momentum for altcoins. Mid-cap altcoins like Alchemy Pay have already seen significant growth. However, caution should be exercised as interest rate decisions and market sentiment could impact the next phase of the cycle.



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