According to Michaël van de Poppe (@CryptoMichNL), the altcoin market capitalization has successfully retested a key support level, indicating strong resilience in current trading conditions. This technical retest suggests sustained momentum, increasing the probability of a move toward the previous all-time high (ATH). Traders monitoring altcoin market cap trends may find renewed bullish sentiment and potential breakout opportunities, supported by the chart shared on April 29, 2025, via Twitter (source: @CryptoMichNL).

According to Material Indicators, FireCharts data reveals that a full ladder of BTC bids has been pulled, suggesting a potential retest of support levels in the $90k to $95k range. This indicates a significant change in market sentiment which traders should closely monitor for potential buy opportunities at these support levels.