TOTAL2 is forming a rounded bottom pattern similar to those in 2017 and 2021, historically followed by major market expansions.
The current 2024–2025 accumulation zone resembles previous cycles, with altcoin sentiment low and resistance retest underway.
Technical structure, sentiment patterns, and cycle timing suggest the altcoin market could shift from stagnation to breakout soon.
Altcoins may be on the verge of a powerful move, as current market patterns reflect historical altcoin cycles from 2017 and 2021.
TOTAL2 Forms Familiar Macro Structure
A recent post by crypto analyst @el_crypto_prof presents the TOTAL2 chart — which represents the total crypto market cap excluding Bitcoin — and shows a repeating cycle pattern. According to the chart, three clear accumulation zones are evident: 2016–2017, 2020–2021, and the current 2024–2025 period.
https://twitter.com/el_crypto_prof/status/1953009268686200840
Each of these periods saw a rounded bottom formation followed by sideways accumulation. Eventually, each phase transitioned into a steep parabolic rise. This setup appears to be forming once again, with TOTAL2 pressing against a familiar resistance zone.
The historical pattern suggests that prolonged accumulation often precedes exponential growth. Current price behavior and sentiment closely resemble previous pre-breakout conditions.
Market Sentiment at Critical Support
During each prior cycle, market sentiment hit a low point just before major upside began. This phase was marked by prolonged stagnation, investor fatigue, and disbelief — the same emotional backdrop present today.
@el_crypto_prof noted that “history doesn’t repeat itself, but it often rhymes,” referencing the chart’s rhythmic behavior. Each cycle featured a slow start, minimal volatility, and eventual vertical price discovery once resistance was cleared.
The current market reflects the final moments before that transition. Sentiment remains subdued, and TOTAL2 sits just beneath a multi-cycle resistance. If previous patterns hold, the next phase could shift quickly from doubt to momentum.
Structure Points to Altcoin Expansion
The chart points to a potential spring-loaded setup. The technical structure remains intact, and prior breakouts occurred from nearly identical conditions. The pattern supports the idea that TOTAL2 is once again ready for expansion.
The crypto community is watching closely. With the macro setup in place and sentiment still depressed, TOTAL2 may soon resume the historical pattern seen in previous altcoin supercycles.
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