Altcoin market nears $1.07T breakout – Could THESE warning signs stop it?

On the 7th of October, 2025, TOTAL2, the market cap of altcoins including Ethereum [ETH], reached an all-time high of $1.77 trillion. This was only very slightly above the previous all-time high of $1.71 trillion TOTAL2 made on the 8th of November, 2021.

In the context of the new high being barely much higher, the bear market that followed must have been especially crushing for long-term altcoin believers.

While Bitcoin [BTC] broke its 2021 ATH by 58.8%, altcoins, which investors and traders believed had the potential for greater returns, turned out to be a letdown as a collective.

The altcoin market cap situation right now

TOTAL2 has been inside a long-term range since 2022. Its inability to climb significantly beyond the previous peak confirms the range formation.

Moreover, the mid-range level at $1.07 trillion was being tested as a resistance at the time of writing. It had already acted as such back in May and could do so once more.

A breakout past the mid-range level would be a good development for the altcoin market in the coming weeks. The on-chain metrics suggest such a breakout could be difficult.

Altcoin exchange inflows threaten market recovery

Crypto analyst Arab Chain pointed out that the number of addresses associated with altcoin inflows to exchanges has been rising, reaching the highest level since May. Binance alone saw 25,856, the highest number of addresses among the exchanges measured.