<ul data-eligibleForWebStory="true">Crypto analyst Merlijn The Trader declares altcoin bear trap is over, signaling potential altseason.He cites breakout structures akin to 2017 and momentum resembling 2021 rally.Highlighted Altcoin Market Cap trajectory with breakout phases followed by exponential growth.Current setup mirrors past altcoin booms, suggesting early stages of parabolic move.Merlijn advises early positioning to not miss significant moves in upcoming altseason.Total altcoin market cap exceeds $3.2 trillion, up 4.68% on the day, setting the stage for a major expansion.Analysts and investors eager to see if breakout leads to a significant altcoin surge like previous cycles.