As of today, the TOTAL3 Index (excluding BTC & ETH) offers key insights into the altcoin market:
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Technical Overview:
• 1D: -1.54% → Minor pullback
• 1W: +6.37% → Bullish momentum
• 1M: -4.14% → Mid-term correction
• 6M: +32.94% → Strong growth
#TOTAL3 remains above $790B, a critical support. Holding this level is vital for future altcoin rally targets like $1.16T and beyond.
Bullish divergence on the TOTAL3/BTC chart hints at altcoins gaining strength over BTC.
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Fundamentals:
• The global crypto market cap is $3.03T
• BTC & ETH dominate, but TOTAL3 reflects altcoin potential
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Summary:
Altcoin market remains optimistic, with solid long-term signals. Keep an eye on support zones and momentum indicators for your trading strategy.