The crypto market is experiencing a sudden surge in altcoin prices, with many tokens breaking out of their recent ranges. This sudden move is partly attributed to the growing adoption of blockchain technology, with institutional investors taking notice. As a result, traders are advised to keep a close eye on the charts and be prepared for potential volatility in the coming days.

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The breakout is likely driven by institutional interest, but traders should also consider the potential for a pullback as momentum investors take profits.