Altcoin Market Cap to $4 Trillion? Total 2 Chart Shows Bullish Breakout

cryptonews.net 4 hours ago

Crypto Rover Predicts Altseason

Crypto Rover, a prominent analyst in the crypto space, shared a chart on X indicating the onset of the much-anticipated altcoin season, commonly dubbed as altseason.

The chart illustrates a historical pattern, demonstrating a cyclical trend where altcoin dominance increases after extended accumulation. Notably, similar trends were recorded in 2017 and 2021, both leading to significant altcoin price rallies.

> ALTSEASON 2025 IS COMING.
> HERE WE GO! 🚀
> pic.twitter.com/91nKXq8Hi4
> — Crypto Rover (@rovercrc) March 23, 2025

The analysis shows a consistent structure where altcoins typically establish a price floor before a substantial upward movement. Current market conditions mirror past altseason setups, indicating we may be on the verge of another notable altcoin rally.

To confirm this, traders are advised to monitor sustained upward momentum in altcoin dominance, coupled with a rise in trading volumes.

Altseason Catalysts

Analyst @oxlofty has identified a crucial catalyst: the Global Liquidity Index has reversed for the first time since 2021. Historically, such reversals have correlated with bullish market trends.

This analyst forecasts that altseason will commence “next week,” predicting Bitcoin could soar to $350,000 and lower-cap cryptocurrencies could experience a 100x surge. While Bitcoin reaching $350K shortly seems ambitious to some, increased market liquidity could indeed trigger significant altcoin rallies.

> Altcoin Season starts next week 🚀
> The Global Liquidity Index just reversed for the first time since 2021.
> $BTC will explode to $350K, and lowcaps are about to pump 100x.
> Here are 10 altcoins with 150-250x potential 🧵⬇️
> pic.twitter.com/EaxCGFqtYD
> — Lofty (@0xLofty) March 23, 2025

What Does Bitcoin Dominance Tell Us?

If Bitcoin dominance declines while Bitcoin itself trends upward, this could indicate a capital rotation from Bitcoin into altcoins, signaling a true altseason.

According to CoinMarketCap data, Bitcoin’s dominance remains above 60%, while the CMC Altcoin Season Index sits at 17. Binance founder Changpeng Zhao suggested that a reading closer to 50 would indicate an impending altcoin season.

Total 2 Chart Analysis: Bullish Signs for Altcoins?

Another optimistic outlook comes from @CryptoELITES, who predicts that April and May will be exceptional months for cryptocurrencies. This analyst shared a Total 2 chart that tracks the total market cap of all altcoins, excluding Bitcoin.

The chart shows a rounded bottom formation followed by a breakout attempt. Key Fibonacci retracement levels indicate that major resistance levels for altcoins lie between $2.53 trillion and $4.15 trillion. Should altcoins maintain their upward momentum, a sharp rally towards these levels may unfold in the upcoming months.

The chart also indicates that altcoins have bounced off significant support levels and are now forming a cup-and-handle pattern, considered a bullish technical structure. If this pattern materializes as anticipated, we could witness a rapid increase in valuations of mid and lower-cap altcoins.

Disclaimer: The information in this article is for educational purposes only and does not constitute financial advice. Coin Edition is not liable for any losses incurred from the content mentioned here. Readers should exercise caution before taking any financial actions.




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