📊 TOTAL3ES – 4h Chart
The TOTAL3ES index represents the market value of all cryptocurrencies except BTC, ETH, and stablecoins. In other words, it measures the performance of 'pure' altcoins, allowing for a clearer observation of the capital flow in this market segment.
In the chart, we observe that there has been a breakout to the upside of the downtrend channel, indicating an influx of capital into altcoins (besides ETH). This movement reinforces the positive sentiment and tends to uplift the market, as it shows greater appetite from investors for assets alternative to BTC and ETH.
⚠️ Important: this is a probabilistic graphical analysis. There are no guarantees about the upcoming movements, and therefore, this is not a recommendation to buy or sell.
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