Altcoin marketcap just closed its highest monthly level in 2026. MACD flipped bullish for the first time since Feb 2025.

This setup matters because:

1. Monthly closes filter out noise. When altcoins print new highs on a monthly timeframe, it confirms momentum isn't just a wick or short squeeze.

2. MACD crossing bullish after a year-long wait suggests accumulation phase is over. Historically, when MACD turns positive after extended consolidation, the next leg up tends to be sharp and sustained.

3. We're likely entering a liquidity expansion phase. If global M2 keeps rising and risk appetite stays elevated, altcoins typically outperform $BTC in the second half of a bull cycle.

The question isn't if altseason comes, but which sectors lead. Watch AI tokens, restaking protocols, and anything tied to real yield or narrative momentum. The setup is there—execution depends on capital rotation timing.