The TOTAL3 chart indicates a possible expansion of the altcoin market

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Technical analysis of the TOTAL3 chart is making a strong comeback in market analyst discussions. This index, which measures the combined market capitalization of all altcoins excluding Bitcoin and Ethereum, offers a unique perspective on the overall health of this market segment.

The TOTAL3 indicator maintains its bullish trend

The chart shows a sustained upward trend over several years, contradicting some bearish scenarios. According to observations by CyrilXBT, a recognized analyst on X, this chart pattern indicates much more than a temporary fluctuation. The long-term dynamics of the chart suggest that we are currently in a natural consolidation phase rather than a cyclical market exhaustion.

Consolidation as a signal of opportunity

The key lies in maintaining the trendline. As long as this pivot level is preserved, prospects for a new expansion remain intact. This stabilization phase is therefore not a cycle end but rather a moment of pause before a potential bullish acceleration in altcoins. The TOTAL3 chart continues to serve as a reliable barometer for assessing the growth potential of the altcoin sector in the coming months.

BTC-2,02%
ETH-5,14%
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