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CoinWorld News reports that cryptocurrency analyst Michaël van de Poppe pointed out that the total market capitalization of altcoins (Total3) is at a critical support level of approximately $784 billion and is gradually rebounding. The current market cap exceeds $879 billion, with the potential to challenge the previous all-time high of nearly $1.2 trillion. The analyst believes that market saturation and liquidity changes caused by ETFs are the reasons why the previous altcoin bull market did not start as expected.