- Altcoin market prepares for a potential 2026 altseason after a 37-month accumulation mirroring the 2021 breakout cycle.
- Total2 charts show a bullish structure forming with higher lows and a projected peak above $2.7 trillion by 2027.
- Total crypto market cap remains range-bound between $3.19T and $3.33T as traders monitor for a decisive breakout or breakdown.
The altcoin market shows growing signs of a potential bull cycle as long-term accumulation trends gain traction. According to Trader Tardigrade, $Total2 has spent over 37 months in a consolidation phase, mirroring conditions seen before the explosive 2021 altseason. Currently, the Total2 market cap sits at around $1 trillion, with historical patterns indicating that a breakout could occur between 2025 and 2027.
Source: Trader Tardigrade
Altcoin Cycles and Rising Market Structure
The chart tracks three distinct altseason waves. The first wave, in 2017-2018, pushed market caps near $800 billion before a long correction followed. The second altseason, starting in early 2021, shattered previous highs as Total2 soared to $1.7 trillion. Both rallies followed extended accumulation periods lasting several years.
Currently, the market trades inside a broad range marked by strong resistance and support lines. Red dotted lines show these levels clearly, while a key ascending trendline, starting in 2020, connects higher lows. Consequently, the pattern suggests a structurally intact uptrend. Moreover, the next potential cycle peak could push altcoin capitalization above $2.7 trillion based on recurring cycle behavior.
Total Crypto Market Cap Tests Support
Meanwhile, Daan Crypto Trades reports that the total cryptocurrency market cap has broken down again. The chart, based on 4-hour intervals, shows a tight range between $3.19 trillion and $3.33 trillion. The market cap recently fell by $41.05 billion, settling near $3.12 trillion. Price rejections remain frequent as the market tests both boundaries without breaking through decisively.
Source: Daan Crypto Trades
Additionally, gray markers show reversals at range edges. Each breakout attempt faces heavy rejection and retracement. Current candles show red bars, confirming selling pressure. However, support remains intact, and price still trades within the range.
Volume activity fluctuates. High-volume spikes align with range tests. Still, overall trading activity appears moderate compared to past peaks. Hence, traders watch the range closely. Any breakout or breakdown could signal the next directional move.
