The altcoin market is on the verge of a significant breakout, according to recent analyses, as it approaches the lower boundary of a long-term channel. This development suggests the onset of a third major expansion cycle, characterized by initial accumulation followed by a parabolic rally. Current momentum indices are at historic lows, and liquidity remains tight, mirroring conditions seen in previous cycles. Despite the optimistic outlook, some analysts caution about a potential short-term pullback. A rising wedge pattern in the total altcoin market cap indicates possible volatility before the anticipated bull run fully materializes. This pattern suggests that while the long-term trend is upward, traders should be prepared for interim fluctuations.