Altcoin market cap holds strong above $843B as Total 3 forms higher lows, signaling strength despite recent selloffs and consolidation.
Momentum and volume indicators support a potential breakout if Total 3 clears the key $857B–$877B resistance zone soon.
The crypto market shows signs of long-term recovery as institutional interest rises and technical structure maintains a bullish bias.
The cryptocurrency market shows signs of stabilization after months of turbulence. As of July 8, 2025, the total market cap stands at $3.29 trillion, reflecting a 7.71% decline. Bitcoin dominates the space with a 61.71% share, while the Relative Strength Index (RSI) sits at 61.67. This indicates neutral momentum as the market finds footing. Besides, altcoins are gaining traction as Total 3 — the market cap excluding Bitcoin and Ethereum — trades around $843.5 billion.
Source: Decode
Altcoin Recovery Takes Shape
The Total 3 market began 2025 near $980 billion before suffering steep losses in February. Prices dipped to $620 billion, marking a sharp correction. However, a rebound followed in March as investor confidence returned. By April, the market broke above the $750 billion resistance. This movement confirmed bullish momentum.
In May, altcoins surged toward $900 billion. The rally produced higher highs and reinforced the uptrend. However, June brought a period of sideways consolidation between $800 billion and $900 billion. Consequently, the market absorbed earlier gains and built a potential base.
Technical Indicators Show Strength
In early July, selling pressure re-emerged, pushing Total 3 down to $760 billion support. Yet, the correction failed to break the uptrend. Moreover, Fibonacci levels at 0.5 and 0.618 are acting as critical support. Current trading sits just above $843 billion.
Source: Kevin
Besides, volume spikes during major swings suggest healthy participation. Momentum indicators show potential for another move higher. The DECODE Macro Trend Oscillator also reflects improvement from deeply negative readings. It now points to stabilization and possible bullish continuation.
What’s Next for the Crypto Market
The key resistance zone for Total 3 lies between $857 billion and $877 billion. A break above could ignite a fresh run. If that happens, the market may retest its previous highs near $980 billion.
Moreover, institutional interest and clearer regulations continue fueling long-term confidence. Despite short-term volatility, the trend remains bullish. Higher lows form a solid foundation for future gains. Hence, crypto investors are watching closely as consolidation may soon give way to expansion.
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