- TOTAL3’s ascending trendline which formed in mid-2022 continues to hold, with each support bounce historically triggering major altcoin rally phases.
- BTC dominance is weakening from its long-term trendline, a sign of liquidity rotation from Bitcoin into altcoins.
- XRP, BNB and Solana are under mild pressure,highlighting emerging opportunities in altcoins.
TOTAL3 crypto market, excluding Bitcoin and Ethereum, is maintaining its long-term support.This is often a signal of a potential movement for altcoins. Market data suggests an approaching phase where altcoins could gain relative strength against Bitcoin. Investors closely watch these levels for strategic allocation.
TOTAL3 Shows Long-Term Support and Compression
TOTAL3 has followed an ascending trendline since mid-2022, bouncing multiple times when tested. Green circles in recent charts illustrate buyers defending the trendline during minor dips.
Each rebound from this support historically coincides with notable altcoin rallies.The $1.1 trillion to $1.2 trillion zone has acted as a consistent ceiling for altcoin market cap.
TOTAL3 now compresses between this resistance and rising support, forming a multi-year ascending triangle. This pattern often precedes upside breakout phases when momentum sustains.
A green arrow in the referenced chart signals potential continuation toward previous local highs. Analysts note that such alignment indicates buyers remain active, maintaining structure for a prospective rally.
Bitcoin Dominance (BTC.D) Offers Context
BTC.D has been on an uptrend since early 2023 and it is establishing its own ascending trendline. Recent pullbacks from this trendline, highlighted by green circles, suggest liquidity may rotate into altcoins.
Historical patterns show dominance weakening during early altcoin expansion phases.Past cycles indicate BTC.D interactions with a descending trendline often precede alt seasons periods.
A red-circled rejection marks Bitcoin’s dominance plateau, followed by a blue-circled breakdown that typically leads to increased altcoin performance.Current patterns show BTC.D moving toward a secondary breakdown.
If this occurs, capital could flow from Bitcoin into TOTAL3, increasing chances for a strong altcoin rally. These trends suggest an approaching inflection point for broader market behavior.
Individual Asset Performance
Market snapshots show mixed conditions across major cryptocurrencies. XRP trades at $1.90, down slightly daily and showing a broader monthly decline of 15.8%. BNB is hovering around $818.03 after a 12.4% monthly decrease.
Solana is trading near $125.93 rocording a 10.6% monthly loss. TRON and Lido Staked Ether (stETH) remain relatively stable, while Dogecoin and Cardano show deeper monthly declines of 15.3% and 20.4%.This is a reflection of cooling altcoins momentum.
Figure Heloc stands out with a 1.2% weekly gain, providing one of the few green indicators in the current market. These movements align with TOTAL3’s overall trend and BTC.D signals, reinforcing monitoring strategies for upcoming altcoin phases.
