The current altseason, a period when non-Bitcoin cryptocurrencies experience significant increases in value, has already benefitted many altcoins. However, market experts believe that there is still more excitement to come. They suggest that the key to unleashing this euphoria is for the TOTAL2 index, which tracks the majority of altcoins based on market capitalization, to break into all-time high (ATH) territory. Breaking this barrier is seen as a positive sign and could attract more traders and investors to the market. The direction of altcoin price changes is heavily influenced by market expectations, and a spike in the TOTAL2 index could lead to an increase in enthusiasm among participants. However, there are still obstacles and resistance levels that could hinder reaching ATH, along with macroeconomic factors that could slow growth. Nevertheless, if the TOTAL2 index breaks into ATH territory, it could signal a new wave of altseason and propel altcoins to new heights.



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