#TradingStrategyMistakes

TOTAL3 Breakout Signals Structural Shift in Altcoin Market After Seven-Month Decline.

After months of consolidation, the altcoin market cap, excluding Bitcoin and Ethereum, has broken critical resistance. This structural breakout occurred in June 2025 and ended a prolonged dip that started in late 2024. The move, driven by uniform volume growth, has shifted TOTAL3 above $900 billion for the first time in months. The development aligns with recurring chart patterns observed since 2023, where similar breakouts led to broad

TOTAL3 broke out of a 7-month descending wedge in June 2025, surpassing $900B in market cap.

Support Rebound Initiated in 2023

According to the analysis formulated by Moustache, it is notable that in September 2023, the TOTAL3 market found support along a long-term ascending trendline. The bounce commenced a strong rally that carried into early 2024. During this phase, the price broke above a descending resistance line, which confirmed a market setback. The upward move revved into Q1 2024, with TOTAL3 rising from $400 billion to nearly $1.3 trillion by April.

The rally paused in mid-2024 as the market entered a correction phase. During this period, TOTAL3 formed a descending wedge. This wedge continued through the second half of 2024 and into early 2025. By May 2025, the price retested the same ascending trendline that had held in previous cycles. The retest formed a rounded bottom, which completed near the end of May 2025. In June 2025, TOTAL3 broke out of the seven-month descending wedge with sharp momentum and increased trading volume.