In January, Altcoins lost the major monthly ascending trendline and rejected from the $1T–$1.05T region.

Since that break, structure shifted bearish.

We are now trading around $700B, down roughly 30% from the January highs.

As long as price remains below $850B, momentum stays weak.

Holding above $680B–$700B keeps this as a corrective phase, but losing $650B would likely accelerate downside toward $600B.

$BTC continues to dominate while this structure remains below reclaim levels.