- TOTAL2 on the 2-week chart confirms a breakout from a 4-year cup and handle, retesting neckline support near $1.55 trillion.
- The measured target projects possible altcoin market cap growth between $3 trillion and $6 trillion after holding neckline support.
- The Altcoin Season Index at 67 indicates continued altcoin strength, showing market rotation and sustained dominance over Bitcoin in recent months.
The altcoin market cap has broken out of a four-year cup and handle pattern and is now retesting neckline support, suggesting continued bullish momentum.
Multi-Year Cup and Handle Formation
According to a recent analysis shared by Gert van Lagen, the TOTAL2 chart on the two-week timeframe confirms a breakout. The cup formation began in mid-2021 and extended through early 2024 with a sharp decline, stabilization, and rally.
The neckline, at approximately $1.55 trillion, was a crucial level of resistance that broke the rises throughout this phase of consolidation. Once surpassed, it confirmed the breakout and opened the path for a possible market expansion.
The handle formed from mid-2024 to early 2025, a temporary pullback. This was a correction prior to the final breakout above the neckline, confirming continuation of the bigger uptrend.
Breakout Retest Strengthens Market Outlook
Following the breakout, the altcoin market cap has been retesting the neckline, a common move after long consolidation phases. Gert van Lagen noted that this test is currently holding, reinforcing structural support around the $1.55 trillion level.
Vertical projections from the cup suggest potential market expansion toward the $3 trillion to $6 trillion range. These measured targets are based on the cup’s height added to the breakout point.
Such long-term chart patterns are rare in the crypto market, but when confirmed, they often indicate extended upward trajectories for altcoins. The neckline’s ability to hold will play a pivotal role in sustaining this momentum.
Altcoin Season Index Indicates Favorable Conditions
The CMC Altcoin Season Index currently stands at 67, showing altcoins continue to outperform Bitcoin in recent months. The index measures capital rotation between altcoins and Bitcoin and serves as a gauge of market strength.
Over the past 90 days, the altcoin market cap has grown considerably, with investor participation accelerating during this period. Although the index dipped slightly from last week’s 71 reading, it remains well above the neutral 50 level.
Historical data reveals this index has seen wide swings between cycles, reflecting the alternating dominance between Bitcoin and altcoins. Current levels suggest favorable conditions remain in place, with altcoins maintaining a strong position in the broader market.
