According to CoinMeta, the market value of altcoin has risen by 12%, attempting a major breakthrough for the first time after two years of downward trend. According to data from TradingView, the altcoin market has increased by 11.52% in the past week. Analyst Ash Crypto pointed out that the altcoin market is trying to break through the downward trend line of the past two years, although it is still below the previous high of $451 billion. To confirm this breakthrough, the altcoin market needs to close above the trend line. If this is not achieved, the market may fall back to the range of $160 billion to $190 billion.