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A long-term altcoin ratio is approaching a major downtrend line that has held since 2021. SOL, SUI, TAO, ENA, and APT represent different themes within the current altcoin market. A confirmed breakout could encourage capital rotation, although it would not guarantee a broad altseason. The altcoin market is approaching another important technical test as a ratio trapped beneath a multi-year downtrend since 2021 moves toward the same re…
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