#Altcoins super cycle has just begun!#Bitcoin dominance monthly rising wedge breakout and breakdown completed!
#Alts market capitalization OTHER TOTAL3 AND TOTAL2 The breaking and closing of the handle cup formation that formed on a monthly basis has been completed.
We are moving towards #Altseason in an environment of Denial and Disbelief!
Total3
BTC | BITCOIN ATH | ALTSEASON A comprehensive analysis today on my take regarding Bitcoin , BTC All time High, and for how long we can still expect to see altseason.
When I say altseason, what I am referring to is hard pumps and large increases, scattered across the altcoin market.
In the previous BTC update, I considered an ATH between 99k and 105k. More on that here :
Today's main "concern" is really whether or not the alt-rallies are finished - and I say, not yet .
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BINANCE:BTCUSD CRYPTOCAP:TOTAL3 CRYPTOCAP:BTC.D
ADA | ALTCOINS | Altseason Approaches AN ENDA quick look into Cardano after a near 330% increase, there seems to be room for further growth.
Key Fibonacci levels are a great watchpoints, especially the 618's.
Two other coins that pumped recently :
Just remember that after the pump, comes the DUMP. Almost every time .
Here's my thoughts on the BTC ATH being in:
The Altcoin Market is About to Ignite: Here's What You Need to KAs we enter the final stretch of 2024 and head into 2025, the altcoin market is poised for a massive surge. Despite recent market fluctuations, whales have been quietly accumulating Bitcoin, while retail traders have been selling off for no reason. But the tide is about to turn.
Whales Are Holding, Retail Is Selling
On-chain data from CryptoQuant confirms that whales have accumulated $1.6 billion worth of Bitcoin in the last 3-5 weeks, while retail traders have been panic selling. Meanwhile, the ETH MVRV chart shows that Ethereum is currently undervalued, but is starting to shift upwards, signaling strong momentum on the horizon.
Institutional Interest in ETH Longs Is Growing
Strong institutional interest in ETH longs has been growing massively since November 5th, with 245,000 ETH in ETF inflows just this month. In fact, ETH ETF inflows have surpassed those of BTC for the first time, marking a major shift in the market.
The Altcoin Market is Undervalued
The altcoin market is currently undervalued compared to Bitcoin, with a ratio of 95% - meaning Bitcoin is heavily overvaluing the altcoin market. But this is a good sign for both. Based on calculations that factor in the ratio, stablecoin supply, and Bitcoin dominance, the altcoin market cap is predicted to reach $1.4 trillion by Q1 2025.
The Rise of Altcoin ETFs
The market is pricing in a massive altcoin ETF in 2025, something that has been predicted for over a year. Rumors are circulating that BlackRock and JPMorgan are planning to launch an XRP ETF, which would be a game-changer for the altcoin market.
The Numbers Don't Lie
In April/May 2021, the altcoin market cap was $984 billion, and by November 2021, it had dropped to 18% of Bitcoin's market cap. But now, the ratio is sitting at an extreme 95%, indicating that altcoins are seriously undervalued.
Get Ready for Altseason
The boring altcoin movements are over, and the altcoin market is on fire. The XRP ETF is coming, and it's going to be huge. Anyone who isn't paying attention is going to get left behind. With Bitcoin predicted to reach $130k and the altcoin market cap predicted to reach $1.4 trillion by Q1 2025, the time to invest is now.
Summary
As we approach the end of 2024 and enter 2025, the altcoin market is gearing up for a significant surge. Recent data shows that while retail traders have been panic selling, whales have accumulated $1.6 billion in Bitcoin, indicating a strong hold on their assets. Ethereum is currently undervalued, with rising momentum reflected in recent ETF inflows surpassing those of Bitcoin for the first time.
The altcoin market is on the verge of a major breakout, with rumors of upcoming ETFs for XRP from major firms like BlackRock and JPMorgan. Currently, the altcoin market is heavily undervalued compared to Bitcoin, sitting at a 95% ratio, suggesting potential growth. Predictions estimate the altcoin market cap could reach $1.4 trillion by Q1 2025, with Bitcoin projected to hit $130k. Overall, the altcoin season is beginning, and it presents a prime opportunity for investors to capitalize on potential gains.
Crypto Total Market Cap (Excluding BTC) Weekly Chart Analysis
The chart reveals a multi-year symmetrical triangle pattern, with a decisive breakout above the resistance trendline. This signals a potential shift toward sustained bullish momentum.
The breakout aligns with increased market activity (volume not visible but inferred), indicating robust participation and validation of the upward move.
The price action is comfortably above the weekly 50 EMA (yellow line), acting as a dynamic support and confirming the strength of the bullish trend.
$1.39T (previous resistance now flipped into support).
Minimal resistance ahead until the psychological $2T zone, with the potential for all-time highs.
If the breakout holds, the measured move from the triangle's base suggests a target range of $2.5T—$3 T, marking substantial upside potential.
Continued consolidation or retest above $1.39T could trigger an extended altcoin rally, propelling the market to new highs.
Bearish Scenario:
Failure to sustain above $1.39T might lead to a retrace within the triangle, stalling bullish momentum.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
TOTAL 3 is ready to BLOWUSDT, recognized as the first stablecoin, did not achieve widespread adoption even as late as 2017. Had it been more prevalent, I would have incorporated USDC and DAI into this analysis.
Nonetheless, I trust that you will find this chart beneficial for the upcoming #Altcoin season.
The total market capitalization of USDT relative to that of Bitcoin reveals a distinct correlation.
This relationship has historically indicated significant technical peaks characterized by bearish divergence, as well as bullish divergence at market bottoms, as observed in the RSI versus ratio score.
Additionally, we have established a clear target level to pursue.
TOTAL3 (Excluding ETH & BTC) Testing Major Levels |
""Altcoin Market (Excluding ETH & BTC) Testing Major Levels | TOTAL3 Weekly Analysis"
**Description**:
The **TOTAL3** chart, which represents the altcoin market cap excluding Bitcoin and Ethereum, is testing a critical resistance at the **0.236 Fibonacci level (~$900B)**. This level has historically acted as a major barrier (as seen in the past rejections marked by red circles), but recent strong volume and bullish momentum suggest the possibility of a breakout.
**Key Observations**:
1. **Fibonacci Levels**:
- Price is testing the **0.236 Fibonacci level (~$900B)** after breaking through the 0.382 level (~$760B), which now acts as support.
2. **Parabolic SAR**:
- Green PSR dots below the candles signal that the market is currently in an uptrend, while red dots above would indicate potential trend reversals.
3. **RSI Strength**:
- RSI is at **76**, indicating strong bullish momentum, though it’s approaching overbought territory.
4. **Volume Spike**:
- Recent volume suggests increasing market participation, aligning with the bullish trend.
**What to Watch**:
- **Bullish Case**: A weekly close above **$900B** could open the door for further gains, with potential for the next major move.
- **Bearish Case**: A rejection here may result in a pullback to **$760B (0.382 Fibonacci)** or lower levels, offering new entry opportunities.
**Key Takeaways**:
📈 Altcoins (excluding ETH & BTC) are showing strong bullish momentum as they approach a major resistance level.
⚡ A breakout above $900B could signal continuation, while a rejection might offer pullback opportunities.
ETH | ALTCOINS | All Time High NOT IN - Here's WhyToday as I looked at the Ethereum chart, I noticed that unlike BTC - a new ATH has not yet been formed. Interesting, I thought to myself, since ETH usually moves quite closely with BTC.
That is until I pulled up my trusted 3 (Bitcoin, Bitcoin Dominance and TOTAL3) and overlayed Ethereum. A key insight emerged from watching past behavior, leading me to the conclusion that the All Time High for Ethereum is still coming (and likely soon).
Don't miss yesterday's update on an Alt that can still see great increases:
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COINBASE:ETHUSD CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3 BITSTAMP:BTCUSD
Total3 chart breaking up from inverse head & shoulders patternThis is the chart that is every altcoin except for ethereum. Bitcoin is also not factored in. We can see it appears to have broken upward from the inverse head and shoulders pattern and the breakout target should be around 1.27 trillion. We also currently have the potential for a cup and handle to be formed with an even bigger breakout, but I want to see an actual handle forming first before I post a target for anything like that. *not financial advice*
BTC ATH | Bitcoin Dominance | Alt Season Interesting insights can be gather from the Bitcoin dominance chart and the altcoin chart (TOTAL3).
You can see some interesting patterns when you overlap them, and monitor for previous "fractals" or patterns.
Some of the key insights you can gain from this combo:
👉 The BTC peak / ATH, or not
👉 The end of Altseason
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COINBASE:BTCUSD CRYPTOCAP:BTC.D CRYPTOCAP:TOTAL3
$TOTAL3 & $OTHERS Alt Season Breakout vs $BTC.D !!!If you’re still wondering whether Alt Season is here or not, this is the only chart you need to see to prove it is.
BTC.D has been going down while CRYPTOCAP:TOTAL3 has broken previous ATH with CRYPTOCAP:OTHERS lagging a bit behind.
This shows the rotation from CRYPTOCAP:BTC -> Mid Caps -> Small Caps
Monetary policy, more importantly rate cuts, have signaled “Risk On”, and the market has responded accordingly.
When is the best time to buy Altcoins?The short answer is... Now, this year into early next year.
Although I would expect a lot of similarities this market cycle, I would also expect some differences.
So let's start with the yellow diagonal line with the up trend. This line was originally drawn through the BTC price action. Look at how it actually works perfectly with the TOTAL3, PERFECT!! So, according this chart the alt cycle big moves won't come until 2024 around the September time frame.
If we pay attention we will notice a separation From the the BTC market cap to the TOATL3 market cap that opens up during the bear market. We can also see it also mimics the bitcoin market cap until it finally closes the gap in the final stage. Solid yellow line is the BTC market cap & the candles are the TOTAL3.
The bars between moves
88 BARS is from top to top
57 BARS is from top to the start of the final wave (double bottom)
36 Bars is from when it breaks the up trend to
Not market on chart.
62 bars from the breakdown of the trend line to breakthrough back above it would but it in early February of 2025, pretty much right on schedule.
This chart is on the 2 time frame so each bar equals 2 weeks..
The indicators below are TDI and RCI 3LINES.
Here is where some of the differences might come in to play.
we'll look at the TDI first. I want you to keep in mind that I have zoomed in this indicator to show the moves more clearly. In 2019 the RED line (fast moving line) made a fairly big move up and broke through the top of the channel. It then dropped below the middle line (Yellow) and went sideways until it's next move again piercing the top of the channel although not as high into the inevitable
COVID Crash. Comparing to this bear market the TOTAL3 has made a move off the assumed bottom but it wasn't as strong as the move in 2019 as shown by RED line. Also this time the RED line seems to have found support on top of the Yellow line showing more strength in the correction phase. If it does n=hold I would expect the next move to be higher than the initial one which would be different from the last bear market. I also think this will continue all the way up.
RCI 3LINES RED FAST / BLUE 2ND FASTEST / GREEN SLOW
The all important Blue line has crossed up on the green line. Once the red line turns back up, the move will follow.
All in all it is good time to start to accumulating your altcoins of choice. Keep in mind although they do move together for the most part, they all have they own cycles as well.
Thank for looking. Let me know what you think down below.
WeAreSat0shi
Total 3 The chart illustrates the total cryptocurrency market cap, excluding Bitcoin and Ethereum, currently consolidating within a descending channel, often recognized as a bullish flag pattern. This pattern emerges after a strong upward movement, suggesting the potential for further gains once the consolidation phase concludes. The market is fluctuating between two red trend lines, which represent the upper and lower boundaries of this flag.
Key levels of support and resistance are highlighted on the chart. The resistance level, around 783 billion USD, has been tested previously but remains unbroken, causing the market to pull back. On the downside, the chart identifies a strong support zone near the 550 billion USD marked in blue. This area has consistently served as a critical support level, making it a pivotal point to monitor for any potential bounce.
The overall sentiment expressed is one of optimism, a massive bull run for altcoins. The ongoing consolidation within the bullish flag is viewed as a temporary phase before a likely breakout to the upside. After a confirmed breakout from the bull flag which could confirm the continuation of the upward trend and potentially signal the beginning of a new altseason. This indicates that the market may be on the verge of a significant move, and traders are advised to monitor these key levels for possible trading opportunities.
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 💙
I bet you are not watching this chart of TOTAL3#ALTSEASON Update🚀
Let’s dive into some detailed alpha!
Take a look at this (Total3-USDT-USDC)/BTC chart. It clearly indicates that #Altcoins could bleed by a maximum of 20% further from current levels in CRYPTOCAP:BTC pairs. However, this doesn’t necessarily mean they’ll lose value in USD terms if #BTC continues to pump, which seems likely in the coming weeks.
Following this, altcoins are expected to start outperforming BTC and will likely peak when this chart reaches around 0.56, with another possible top at 0.91.
PS: The altcoin market is highly fragmented this cycle. Not every altcoin will pump equally or peak at the same time. However, overall, the altcoin market could potentially achieve a top near the 0.91 level, which represents a 3x increase from current levels.