- TOTAL3 has been building for nine months within a rising wedge, indicating strong accumulation and potential breakout across altcoins.
- Monthly close above $1.2T in OTHERS could trigger expansion toward $1.7T–$2.0T, signaling increased momentum across lower-cap altcoins.
- TOTAL2 and TOTAL3 alignment suggests coordinated growth, while buyers step in higher and sellers show weakening pressure across markets.
Altcoins are showing early signs of a major breakout after years of consolidation, with total market capitalization nearing key resistance levels. Traders are observing a strong setup for growth, particularly within the TOTAL2 and TOTAL3 segments.
Long-Term Accumulation and Rising Wedges
The Total Crypto Market Cap excluding BTC and ETH (OTHERS) has been forming higher lows since 2018, following an ascending trendline. Price repeatedly tests the $1.1T–$1.2T horizontal resistance, forming a substantial ascending triangle. This structure demonstrates consistent accumulation and gradually decreasing selling pressure.
Market participants have monitored TOTAL3 for the past nine months as it built toward a potential breakout. According to Sykodelic, the monthly chart shows TOTAL3 pushing to new highs within a long-term rising wedge. The wedge has been developing for nearly a decade, signaling a long-term buildup in momentum.
TOTAL2 is expected to follow closely alongside TOTAL3 during the breakout. The simultaneous movement of these segments may serve as a precursor to growth in lower-cap altcoins. Analysts emphasize that the alignment of TOTAL2 and TOTAL3 could drive broader market expansion.
Monthly Resistance and Potential Breakout Levels
A confirmed close above $1.2T for the OTHERS market on a monthly basis would mark a breakout with potential to move $1.7T–$2.0T. Price action indicates buyers are coming in at higher levels and sellers appear to be weakening which creates an upward bias.
On the down side, a clear break below the ascending trendline ($950B area) would put the bullish pattern into jeopardy. Traders continue to monitor price levels closely, noting that the structure has held strong through multiple tests over several years.
Sykodelic tweeted that market observers have repeatedly assumed altseason is over, yet TOTAL3 has continued its buildup unnoticed by many. The tweet emphasizes the importance of analyzing high timeframes and long-term structures rather than short-term fluctuations.
Market Rotation and Lower-Cap Altcoins
Liquidity and market rotation appear aligned for expansion across altcoins. The breakout in TOTAL3 and TOTAL2 is expected to precede gains in the OTHERS market, which represents smaller-cap tokens.
Sellers’ weakening pressure, combined with buyers stepping in higher, points to steady accumulation in these lower-cap assets. Patterns in TOTAL3 and TOTAL2 suggest that altcoins may enter a period of coordinated growth.
Technical analysis shows that the ascending triangle and rising wedge structures are intact, offering a clear path for potential growth. Traders tracking these setups are preparing for larger market movements in the coming months.
