Altseason
Altcoin Market Signaling Potential Bullish Run to $1 TrillionTotal Alt Coins Market Cap analysis update
After a significant upward movement in the market cap, consolidation within a descending channel or flag suggests a period of profit-taking and market indecision, though the overall structure remains bullish. The market is approaching the upper resistance of the flag, signaling the potential for a breakout. Once the breakout is confirmed, a bullish move can be expected. Based on historical price action and technical patterns, the next major target post-breakout could be around $1 trillion before end of 2024.
POLKADOT, TIME TO LEAVE THE HELLAltcoin Time: Polkadot Bullish Swing Trading
Polkadot is showing several bullish signals:
PML being disrespected
PWL being disrespected
PWH being disrespected
PDL being disrespected
PDH being disrespected
Daily Bullish FVG being respected
4H Bullish FVG being respected
4H Swing Low being disrespected
Bearish Argument:
4H Swing High is being respected
Altseason seems to be brewing, but as day or swing traders, we must remain cautious about short-term movements. Ignore the noise on social media and rely on your analysis and experience.
Risk management is everything. If you risk more than you can afford to lose, you’ll end up emotionally drained. Protect your mindset by applying proper risk management techniques.
Risk-to-Reward (RR): 5.2
Why people losing there money even in the bull market?In a bull market, where prices are generally rising and optimism prevails, it’s easy to assume making money is straightforward. However, many people still lose money due to the following reasons:
1. Chasing Hype
FOMO (Fear of Missing Out): Investors buy at elevated prices because they don’t want to miss the rally, only to see prices correct.
Overconfidence in speculative assets: Buying trendy stocks or assets without proper research often leads to losses when the bubble bursts.
2. Lack of a Strategy
No exit plan: Many investors fail to take profits, thinking prices will keep going up indefinitely. When the market dips, they lose their gains.
Short-term mentality: Impulsive decisions without long-term goals can result in buying high and selling low.
3. Over-Leverage
Using borrowed money to invest amplifies losses if the market doesn’t perform as expected. When the market dips, leveraged investors are forced to sell to cover their debts.
4. Ignoring Fundamentals
Many buy overvalued stocks or assets without considering whether the price reflects the company's actual worth.
Following the crowd often leads to investing in overpriced or low-quality assets.
5. Emotional Trading
Fear and greed dominate decisions. For example, panic selling during minor corrections or buying excessively due to market euphoria.
6. Overtrading
Constantly trying to time the market or moving between assets leads to transaction fees and poor timing.
7. Falling for Scams
Bull markets often attract scams, like pump-and-dump schemes, fraudulent projects, or overly hyped Initial Public Offerings (IPOs).
8. Holding Through the Peak
Some investors fail to recognize when the bull market is near its end and hold onto assets through the subsequent downturn.
Even in a bull market, discipline, research, and a clear strategy are essential to avoid costly mistakes.
Best Regards 🎯
Alt Season Does Not Start Until End of 2025As the logarithmic chart indicates, BTC follows a 4 year pattern with typical downward trends every 4 years.
Over time there has been a theories presented as to why this happens:
One can conjecture, this is due to tightening monetary conditions that present every four years as central banks around the world tighten supply. Some research that goes to show evidence in this direction can be found here.
Others have indicated this is due to the so-called Bitcoin halving phenomenon, as supply tightens every four or so years.
If the chart is of any evidence, it is evidence of the former, than the later.
How does this relate to alt coins?
Another phenomenon that highly correlates with the 4 year pattern is alt-coin-bitcoin market cap dominance charts .
Alt coin market cap dominance do better when BTC prices are going down, as opposed to when they are going up.
We can imagine this as follows: BTC price goes up in loose monetary conditions, and BTC price goes down in tight monetary conditions, however, BTC being more liquid than alt coins generally goes down faster than alt coins during times of deleveraging.
So, we can hold the opposite to be true as well - BTC, being more liquid will dominate the next year, until tighter monetary conditions arrive, at which point probably some alt coins will do better.
Altseason Starts SoonThe Chart above show Bitcoin Dominance (BTC.D) over time, with highlighted patterns and cycles that may be tied to Bitcoin halvings and market trends. Here’s my analysis based on the chart's structure:
Key Observations:
Repeated Patterns:
The chart highlights similar phases of Bitcoin dominance decline across three separate cycles, lasting roughly 231 days.
Each phase seems to correspond to a bearish period for Bitcoin dominance, where altcoins gain relative strength.
Halving Impact:
Vertical lines mark Bitcoin halving dates (green lines), which historically have a significant impact on the crypto market.
Following halvings, BTC dominance often rises as Bitcoin leads the market in initial rallies.
Projection:
The chart projects a decline in dominance after the current rally, extending into mid-to-late 2024.
A potential drop to ~44%-46% dominance is outlined, indicating a possible altcoin season or broader market rotation.
Support and Resistance:
The chart highlights a resistance zone around 62% dominance, which Bitcoin dominance seems to have tested recently.
A bearish breakout is suggested, aligning with a downward trend in the future.
Possible Interpretation:
Short-Term View: Bitcoin dominance might continue upward for a while but could face resistance near 60%-62%. If this area holds, a reversal could lead to dominance declining, benefiting altcoins.
Medium-Term View: If the projection holds, BTC dominance could see a prolonged decline lasting nearly a year, dropping below 50%. This scenario typically coincides with altcoin seasons where altcoins outperform Bitcoin in relative gains.
Risk Factors:Bitcoin dominance does not always drop due to bullish altcoins; it can also decline during a market-wide sell-off where Bitcoin loses less than altcoins. Macroeconomic factors, regulatory changes, and adoption rates could alter the outcome.
KAVAUSDT Reversal Confirmed!KAVUSDT Technical ANlsysis update
SEED_DONKEYDAN_MARKET_CAP:KAVA price has formed a triangle pattern on the daily chart at the bottom. The price has now broken the triangle resistance line and is trading above the 100 EMA on the daily chart. We can expect a strong bullish move from the current level. A sustained move above this level could signal further upside potential.
In the weekly chart, KAVA price is bouncing from the 2020 support level and trading within a falling wedge pattern
'Close But No Cigar' for Bitcoin – Altcoins Hit Major Resistance🚨 Close But No Cigar for Bitcoin – Altcoins Hit Major Resistance 🚨
🌟 Correction Likely – Or Do We Keep Pumping? 🌟
In today’s market breakdown, we’re at a critical crossroads for Bitcoin and Altcoins (Total3). 🚦 After months of bullish runs, both markets are approaching major resistance zones, and caution is key moving forward.
📌 Total3 (Altcoins Excluding BTC & ETH):
938B Resistance: After breaking out of a long-term descending channel and reaching the 600B–938B targets, Total3 now faces a significant resistance zone.
A pullback could be imminent unless we break and flip this resistance into support. Be careful before jumping into long positions at these levels.
📌 Bitcoin’s Psychological Barrier:
100K Level: Bitcoin came close, but no cigar to hitting this major psychological milestone. This remains an untouched resistance, with 96K acting as interim support.
Key Supports: Watch for levels at 91K and 88K. These areas could provide buying opportunities if Bitcoin retraces.
🎯 What’s Next? While we celebrate the incredible bullish momentum in recent months, this is not the time for FOMO. Both markets are at pivotal levels:
A breakout in Total3 above 938B or Bitcoin above 100K would signal continued bullish momentum.
A rejection might result in pullbacks, offering better entry points.
Strategy Alert: I’ve started to explore selective short positions on altcoins while watching these key zones. Longs will come into play only after confirmed breakouts above resistance.
📊 Check out the charts for deeper insights into these critical levels!
One Love,
The FXPROFESSOR 💙
Altcoins Hit Major Resistance: What’s Next for TOTAL3? 🚨 Altcoins Hit Major Resistance: What’s Next for TOTAL3? 🚨
📊 Altcoin Season 1st Milestone Reached – But Can We Push Higher? Or a correction is first? 🌟
The Total3 Chart (Altcoin Market Cap Excluding BTC & ETH) has finally reached the long-anticipated 600B–938B range, a critical resistance zone that’s been in focus for over a year. 🚀 After breaking out of a descending channel and delivering strong bullish momentum, altcoins are now at a make-or-break level. Let’s dive into the key areas to watch next! 👇
🔑 Key Insights:
938B Major Resistance: Total3 has climbed steadily to this key level, but it must break and flip this resistance into support to sustain the rally.
Channel Breakout: After months of consolidation within a descending channel, altcoins made a clean escape, sparking a rally to the current resistance.
Potential Scenarios:
1️⃣ If the breakout succeeds, the next bullish target is 1.33T, opening the door for explosive altcoin growth.
2️⃣ A rejection could lead to a retracement back to 600B support, providing fresh entry opportunities for the next leg up.
⚠️ Why This Matters: This is not the time to FOMO! 📉 While the altcoin market has shown incredible strength, the risk of correction remains high unless we see a strong breakout. If this resistance holds, short-term pullbacks could offer better buying opportunities.
Strategy Alert:
Bullish above 938B, targeting 1.33T.
Watching for a rejection to add positions closer to support levels.
📈 What’s Your Play? Let me know in the comments if you’re eyeing any altcoins to ride this potential breakout or waiting for the next dip! Stay tuned for further updates.
One Love,
The FXPROFESSOR 💙
When the next altseason might happen?One usually refers to altcoins and mems flying high when talking about big profits and pumps. So, when the next alt season could happen? To answer this question, analysts usually examine ETH and the Crypto Total Market Cap (excluding BTC and ETH) charts to make a prediction. Moreover, I think it is worth analyzing the Dominance of altcoins (excluding BTC and ETH) as well. I already analyzed the ETH before and updating it periodically, so let's look at the Crypto Total Market Cap.
When looking at the Total Market Cap chart, it is evident that there was a downtrend in which lower lows were made one after another. Recently, in March 2023, a higher high and a higher low were made; a sign of a possible reversal. But, two higher highs and two higher lows are needed, at least, for the reversal confirmation. Furthermore, the value/price of the Total Market Cap must not breach the recent higher low. Based on the technical analysis, two possible scenarios can play out that are drawn on the chart.
The Importance of BTC.D, TOTAL2, and USDT.D
Currently my indicator is suggesting BITCOIN IS WEAKENING whilst ALTS ARE STRENGTHENING and USDT is at the lower spectrum of its range suggesting crypto investment is the best option.
Let's dive into understanding market dominance and liquidity metrics and why it's crucial for navigating the cryptocurrency space effectively. Three key metrics—BTC.D (Bitcoin Dominance), TOTAL2 (Altcoin Market Cap Excluding Bitcoin), and USDT.D (Tether Dominance)—offer valuable insights into investor sentiment, market trends, and potential shifts in liquidity. Let's explore these metrics, their typical ranges, patterns to watch for, and how they interact with a MACD-style crossover indicator which I designed to identify opportunities in Bitcoin, altcoins, and stablecoins.
BTC.D: Bitcoin Dominance
BTC.D measures Bitcoin's market cap as a percentage of the total cryptocurrency market cap. It reflects investor preference for Bitcoin compared to other cryptocurrencies.
Typical Range
Normal Range: 40%-60%
BTC.D tends to rise during bearish markets as investors flock to Bitcoin's perceived safety. Conversely, it often declines during bullish markets when altcoins outperform.
Key Patterns
Double Top: Indicates potential weakening in Bitcoin dominance, suggesting a shift in capital to altcoins.
Double Bottom: Signals strengthening Bitcoin dominance, often as investors move back into Bitcoin for stability.
TOTAL2: Altcoin Market Cap (Excluding Bitcoin)
TOTAL2 represents the market capitalization of all altcoins combined, excluding Bitcoin. It is a direct measure of the strength of the altcoin market.
Typical Range
Normal Range: Highly variable, as altcoin performance can spike dramatically during "alt seasons."
TOTAL2 increases during periods of high altcoin interest and speculative growth and declines during risk-off periods when investors sell altcoins for Bitcoin or stablecoins.
Key Patterns
Rising TOTAL2 + Falling BTC.D: Indicates an alt season where altcoins are outperforming Bitcoin.
Falling TOTAL2 + Rising BTC.D: Suggests a return to Bitcoin dominance, typically during periods of market uncertainty.
USDT.D: Tether Dominance
USDT.D measures Tether’s market cap as a percentage of the total cryptocurrency market cap, reflecting how much liquidity is parked in stablecoins.
Typical Range
Normal Range: 3%-7%
A high USDT.D suggests investors are moving into stablecoins, indicating risk-off sentiment. Conversely, a low USDT.D implies funds are flowing into riskier assets like Bitcoin and altcoins.
Key Patterns
USDT.D at Top of Range (~7%): Sign of high risk aversion. Typically, Bitcoin and altcoins are weakening, and liquidity is concentrated in stablecoins.
USDT.D at Bottom of Range (~3%): Suggests a bullish environment where funds are flowing into Bitcoin and altcoins.
The MACD-Style Crossover Indicator
The MACD-style crossover indicator I built is for BTC.D, TOTAL2, and USDT.D simplifies these complex relationships into actionable signals. It plots all three metrics on a normalized scale and identifies key moments of transition:
Bullish Alt Season Signal:
When TOTAL2 crosses above BTC.D, it signals a potential alt season, where altcoins outperform Bitcoin.
Bitcoin Dominance Signal:
When BTC.D crosses above TOTAL2, it suggests Bitcoin is regaining dominance, often during market corrections or risk-off periods.
Stablecoin Signal:
When USDT.D crosses above BTC.D and TOTAL2, it indicates heightened risk aversion, suggesting a move into stablecoins as the market cools.
What These Metrics Mean for Market Liquidity
Liquidity flows are the lifeblood of the cryptocurrency market. These three metrics reveal where capital is moving:
BTC.D High + USDT.D High: Indicates a risk-off environment. Investors are prioritizing safety, suggesting Bitcoin and stablecoins are preferred over altcoins.
BTC.D Low + TOTAL2 Rising + USDT.D Low: Signals a risk-on environment, often the hallmark of an alt season. Investors are willing to speculate on higher-risk assets, driving up altcoin valuations.
TOTAL2 Falling + USDT.D Rising: A clear sign of capital exiting the market. Altcoins are losing value, and funds are moving to stablecoins, often leading to market corrections.
Conclusion
By tracking BTC.D, TOTAL2, and USDT.D together, investors gain a comprehensive view of the cryptocurrency market's dynamics. The interplay between Bitcoin dominance, altcoin market performance, and stablecoin liquidity provides a roadmap for understanding capital flows and market sentiment.
The MACD-style crossover indicator I built adds another layer of insight by simplifying the relationships into actionable signals. Whether it’s identifying the start of an alt season, a return to Bitcoin dominance, or heightened risk aversion favoring stablecoins, this tool empowers traders with timely and relevant information.
The next time you analyze BTC.D, TOTAL2, and USDT.D, remember these ranges and patterns. They’re not just numbers on a chart—they’re the key to understanding the market's pulse and positioning yourself strategically for the next big move.
OTHERS.D 50.00% FIB CRITICAL LEVEL **Hello dear altcoin degens, HODL-ers, and traders,**
How are you doing this Saturday? I hope you’re enjoying the weekend in your own unique way!
This is **OTHERS.D**, the index representing the market cap of altcoins outside the top 10. On the weekly time frame, there are several key points of interest that could help us analyze what might happen next. However, as always in trading, nothing should be taken for granted.
**Key Observations**
1. **Higher Lows Trendline:**
- We can clearly see a series of higher lows, starting with the bottom formed during the week of **June 5, 2023**, and another higher low during the week of **October 28, 2024**. This upward trendline is a promising signal for the altcoin market.
2. **The Role of the 21MA (Moving Average):**
- Historically, the 21MA has acted as a reliable support level before price moves higher, as seen between **July 17,2023** and **August 7, 2024** (highlighted with a green circle).
- Currently, the price is trading above this 21MA, which is an encouraging sign.
3. **The Critical 50% Fibonacci Level:**
- The 50% Fib retracement level has historically been significant. The green circle highlights how this level previously served as the launchpad for an upward move.
- At present, the price is trying to break through this level, which is acting as resistance.
**Combining Support Factors**
When we combine the **21MA** and the **50% Fibonacci level**, we get an area of strong support/resistance. For now, the price is attempting to break through this resistance zone.
**What’s Next?**
- If the weekly candle closes **above this critical area**, it’s a bullish signal and great news for those hunting the elusive **altseason**!
- Until then, we wait. The weekly close will provide more clarity, and based on the outcome, we can decide on the next course of action.
**Final Note**
Patience is key in this game. Stay safe, and let’s see how this plays out!
Step by step towards #Altseason#Altcoins are just starting to wake up!
#Alts market cap broke the TOTAL2 $1.27 trillion level, which was the major resistance on March 2024, and also the neckline of the cup handle formation, will move towards the all-time high of $1.71 trillion after the weekly close and retest!
XDC working on a double bottom/invh&s combobreakerAfter some very bullish priceaction over on the 1day chart, coinciding with the 1day chart’s golden cross, :
XDC has now found itself above the weekly 200ma (blue line)show on this weekly timeframe man idea I posted at the top of this page. Once it can solidify support on the weekly 200ma it should then break above both the tan trendline(inverse head and shoulder neckline) and the green trendline(double bottom neckline) once it hits the top target for the double bottomsbreakout XDC will then have made over 800% gains since the bottom of the market where it was trading at just below 2 cents. Now that it has gotten the same daily chart golden cross springboard launchpad several other alt coins have gotten I think it will reach these targets sooner rather than later. *not financial advice*
XDC working on a double bottom/invh&s combobreakerAfter some very bullish over on the 1day chart coinciding with the 1day chart golden cross:
XDC has now found itself above the weekly 200ma (blue line)show on this weekly timeframe man idea I posted at the top of this page. Once it can solidify support on the weekly 200ma it should then break above both the tan trendline(inverse head and shoulder neckline) and the green trendline(double bottom neckline) once it hits the top target for the double bottomsbreakout XDC will then have made over 800% gains since the bottom of the market where it was trading at just below 2 cents. Now that it has gotten the same daily chart golden cross springboard launchpad several other alt coins have gotten I think it will reach these targets sooner rather than later. *not financial advice*
Yet another golden cross spring board in the alt marketThis tie it was litecoin who’s price took off and broke above it’s chart pattern right when the golden cross occurred. Further adding probability to my hypothesis that golden crosses during the second parabolic cycle of a bull run tend to have their intended impact immediately rather than taking a few days-weeks to confirm like they do during the other market phases. *not financial advice*
LTC Breaking above tan invh&s neckline, right on goldencrossI have the weekly chart timeframe selected here simply because I needed to expand the timeframe on the chart to be able to fit both inverse head and shoulders patterns and their respective breakout targets in the frame. Wanted to put the timeframe on the daily chart so. Could show once again how these recent crypto pumps have all being launching on the exact day that the Daly golden cross occurs. I will post. Daily chart version of this as well that zooms in on the golden cross and subsequent priceaction and link it below. Anyways it looks like on this 2nd breach above the tan neckline that Litecoin is likely to finally trigger a breakout ths go around. If so the highest measured move target is in the $170s here, and reaching it will obviously also allow us to hit the white inverse head and shoulders breakout target too on the way there. In order to ensure that price acton doesn’t dip back below the tan neckline for a second time, it will need to flip the weekly 200ma(blue line) to solidified support once that happens I think it will definitely confirm the breakout at that point. Alt season has officially began! *not financial advice*
Golden Cross kickstarts Altcoin SeasonExactly as I was predicting it would just as it did for total2, xlm, and quite a few other crypto charts recently. I expect the trend will continue. I will link the hart to the total2 cup and handle we seem to have confirmed the breakout from below. *not financial advice*