随着市场进入关键突破阶段，山寨币季节预计将于 11 月底开始

山寨币市场目前正处于关键突破的早期阶段。技术指标显示大幅反弹可能是山寨币季节的开始。

The altcoin market is on the cusp of a major breakout, with technicals pointing to a possible start of altcoin season.

山寨币市场正处于重大突破的风口浪尖，技术面表明山寨币季节可能会开始。

Market analyst MikybullCrypto has observed a cup-and-handle pattern on the altcoin’s total market capitalization chart, a formation typically viewed as a bullish signal. This breakout suggests an increase in the altcoin market cap to $2 trillion by late 2025, with currentالاتشير إلى ارتفاع سقف السوق.

市场分析师 MikybullCrypto 在山寨币总市值图表上观察到了杯柄形态，这种形态通常被视为看涨信号。这一突破表明，到 2025 年底，山寨币市值将增至 2 万亿美元，目前的市值将达到 2 万亿美元。

Cup and Handle Pattern Signals a Bullish Breakout

杯柄形态预示看涨突破

The cup-and-handle formation marks a two-year recovery from the bearish phase that began in early 2022. The cup shape at the bottom signifies a sustained buildup and recovery in the market, while the handle formation during consolidation indicates an upcoming breakout.

杯柄形态标志着从 2022 年初开始的看跌阶段开始的两年复苏。底部的杯形意味着市场的持续积累和复苏，而盘整期间的手柄形态则表明即将突破。

Having already crossed the $820 billion market capitalization level, the next leg up in the altcoin market has begun. If the breakout holds, we can expect to see a 181.6% surge in the altcoin market, setting the stage for one of the biggest rallies in recent times.

市值已经突破 8200 亿美元，山寨币市场的下一轮上涨已经开始。如果突破持续，我们预计山寨币市场将飙升 181.6%，为近期最大的反弹之一奠定基础。

Moreover, this bullish outlook on altcoins aligns with the increasing participation of investors in the market, highlighting the potential for growth in most altcoins.

此外，山寨币的这种看涨前景与投资者对市场的参与度不断增加相一致，凸显了大多数山寨币的增长潜力。

Altcoin Dominance Shows Shift in Momentum

山寨币的主导地位显示出势头的转变

The altcoin market is showing strength with a gradual shift in dominance, indicating a rising trend for altcoins other than Bitcoin and Ethereum in the Crypto Total Market Cap Excluding the Top 10 Dominance metric.

山寨币市场显示出强势，主导地位逐渐发生转变，这表明在不包括前 10 名主导指标的加密货币总市值中，除比特币和以太坊之外的山寨币呈上升趋势。

This dominance has surged to 9.67%, placing it well above a descending trendline that has acted as a resistance line since early September.

这一主导地位已飙升至 9.67%，远高于自 9 月初以来一直充当阻力线的下降趋势线。

The breakout highlights a sustained investor interest in smaller altcoins, which is now being pegged as a sign of a new altcoin season. The altcoin dominance is seen trading around 9.80% levels, finding the next resistance at 10.50%.

这一突破凸显了投资者对较小型山寨币的持续兴趣，目前这被视为新山寨币季节的标志。山寨币的主导地位预计在 9.80% 水平附近交易，下一个阻力位为 10.50%。

If these levels are crossed, we can expect to see small-cap cryptocurrencies potentially driving the market growth. On the lower side, the dominance has support at 9.30%, with 9.00% being the second level of support.

如果突破这些水平，我们预计小盘加密货币可能会推动市场增长。下方，主导支撑位为9.30%，其中9.00%为第二支撑位。

The Relative Strength Index (RSI) is currently at 57.45, indicating increasing bullish pressure without being in the overbought zone. This suggests that there is still potential for the asset to grow before a correction occurs, which again supports a bullish outlook on small-cap assets.

相对强弱指数（RSI）目前为 57.45，表明看涨压力不断增加，但并未处于超买区域。这表明该资产在回调之前仍有增长潜力，这再次支持了小盘资产的看涨前景。

Altcoin Season Anticipated to Begin by November End

山寨币季节预计将于 11 月底开始

This aligns further with the market sentiment and historical price movement, suggesting the start of an altcoin season from November next year to March the following year.

这进一步符合市场情绪和历史价格走势，表明山寨币季节从明年 11 月到次年 3 月开始。

During this period, we can expect altcoins to outperform larger coins like BTC and ETH due to a shift in capital from the larger-cap coins.

在此期间，由于资本从大盘硬币转移，我们预计山寨币的表现将优于 BTC 和 ETH 等大盘硬币。

Historically, altcoin seasons have occurred during a bullish run when altcoins tend to perform better than the top cryptos once the BTC price stabilizes. However, the projected altcoin market cap of $2 trillion is based on the depth of the cup-and-handle pattern, a technical setup known for its high accuracy.

从历史上看，山寨币季节发生在牛市期间，一旦 BTC 价格稳定，山寨币的表现往往会优于顶级加密货币。然而，预计 2 万亿美元的山寨币市值是基于杯柄模式的深度，这是一种以其高精度而闻名的技术设置。

Key Levels to Watch

值得关注的关键水平

On the higher side, the dominance levels are seen reaching 10.50%, with the market capitalization aiming for $2 trillion, indicating a further breakout by small-cap altcoins.

从较高的角度来看，主导水平预计将达到 10.50%，市值目标为 2 万亿美元，表明小盘山寨币将进一步突破。

However, a bearish scenario may unfold if the breakout fails to hold, leading to a potential retracement. Any support level above $600 billion is considered relatively safe as it provides firm support to the market in case of a price pullback.

然而，如果突破未能持续，则可能会出现看跌局面，从而导致潜在的回调。任何高于 6000 亿美元的支撑位都被认为是相对安全的，因为它可以在价格回调的情况下为市场提供坚定的支撑。