According to Michaël van de Poppe (@CryptoMichNL), the altcoin market capitalization is currently consolidating just below the significant $940 billion resistance level. A confirmed breakout above this level could signal the beginning of a new all-time high phase for altcoins. Traders should closely monitor price action around this resistance, as a successful breach may trigger increased trading volumes and bullish sentiment across major altcoin assets (Source: @CryptoMichNL, June 1, 2025).