Altcoins are displaying bullish wedge patterns reminiscent of previous market cycles, suggesting potential upward momentum. Historical trends show that such formations often precede significant altcoin rallies. Momentum indicators currently reveal divergence and accumulation phases, which are typically precursors to market upswings. Analyst Javon Marks highlights that the current compression in altcoin dominance and strengthening momentum are similar to pre-breakout setups observed in past cycles. This pattern suggests the possibility of an impending "Altseason," where altcoins could experience substantial gains.