🔥 Even on June 30, when the market was full of doubts, I shared an unpopular opinion — that altcoins would show growth in the summer, and the key target for capitalization is 1 trillion dollars.
— On July 17, we updated our plan, and the market clearly followed this scenario — the capitalization of altcoins reached 1 trillion 👍, exactly at the resistance point I mentioned.
After that, I warned about a correction in Bitcoin — and the market acted as technically as possible. The whole structure worked perfectly. 🫡
🫡 Now is the time to update the plan for altcoin capitalization to stay one step ahead.
📊 Chart #TOTAL3 — what’s next?
We are currently trading within a correction channel, and there has already been the first attempt to break upwards. The key level is $970 billion. As long as we stay above it, the scenario remains bullish. 🔥
🔎 There are currently two development options:
1️⃣ Consolidation above the channel and retest from above — this is a strong signal for continued growth.
2️⃣ Or a small pullback deeper, into the support and imbalance zone that is forming just below. This will also be a healthy correction before the next impulse.
🔜 In case of a positive scenario, the nearest targets:
— 1.14 trillion
— 1.16 trillion
And this could become a very strong catalyst for growth 🚀 in altcoins. Especially considering that many of us are already in long positions at excellent prices.
⏳ History repeats itself. Look at how a similar correction channel previously led to an impulse growth. The market is now drawing almost an identical formation.
Everything will be decided in the coming days. We are watching closely. 💰$SOL $XRP $BTC
