The altcoin market is showing signs of a potential breakout, with current conditions reminiscent of the 2020–2021 cycle that led to significant rallies. Altcoins have been underperforming Bitcoin since 2022, now trading at oversold levels against both USD and BTC. Technical indicators are stabilizing near key support levels, suggesting a possible shift in momentum. Bitcoin's dominance trends are also hinting at a change, as market participants anticipate catalysts such as spot crypto ETF approvals and increased inflows from traditional finance. These factors could trigger a resurgence in altcoin performance, echoing the patterns seen in previous market cycles.