Altcoin market capitalization is rebounding from critical ascend
This support held again - as in autumn 2023 and summer 2024🧐
Positive factors include the China tariff pause and upcoming interest rate cuts👨💻
Everything looks promising✈️
Key data points
Previous close
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Open
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Day's range
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About Crypto Total Market Cap Excluding BTC, $
Bitcoin is quite a heavy-weight fighter which makes it difficult at times to correctly define how the crypto market is doing — it just outshines other coins, and you can't see clearly. Since Bitcoin presents such a huge piece of the crypto pie, excluding it from counting sounds reasonable and lets you see a more clear picture of where the crypto market is moving at the moment. That is what you can see on the chart we've prepared — calculated by TradingView, it displays global crypto market cap without Bitcoin's share.
total2 altcoins #Altcoins need to bounce off current zone for a #Altcoins need to bounce off current zone for a full reversal!
countdown to recovery
The Hidden Correlation Between Dollar Strength and crypto marketHello Traders 🐺
Maybe you’ve asked yourself this question: Why is it so hard to figure out exactly when the financial markets are about to pump or crash?
And how can I predict and prepare before it actually happens?
Because usually, people realize we’re in a bull or bear market when it’s already t
TOTAL 2Total Altcoins Market Cap is at resistance level at $966B and descending channel upper boindary. A breakout from here could signal a strong shift in momentum
Altcoin Market Cap at Critical Resistance
The total altcoin market cap (excluding BTC) is trading at a key structural resistance zone. While a breakout here could trigger a fresh wave of altcoin momentum, current price action remains capped below the region — suggesting caution and potential for continued consolidation.
Key Points:
- The
TOTAL2 / BTC - Majority of Alts Look BearishDon't shoot the messenger, but the MAJORITY of your Alts need to NUKE ~25% before Alt Season 🫨
This lines up with prior cycle support before Alt Season blastoff.
First step is to reclaim the EMA9, which they have failed to against BTC.
The lack of buying Volume supports this thesis for the trend
TOTAL2 - Down Channel Breakout An example of a strong move out of the current down channel on TOTAL2
This breakout could continue to a position of strong resistance which i have labelled with the horizontal line
Good time to buy alt coins
2Hr chart
Alts/BTC cap vs global net liquidity indexChart shows Alts/BTC cap vs global net liquidity index, where we can see possible BOS on index, that could mean alts are bottomed out.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.