#altcycle
Crypto Market Cap Excluding Bitcoin (TOTAL2)
The altcoin market is standing at a decisive moment.
When we look at TOTAL2, the weekly chart shows a massive cup and handle pattern forming over the past few years.
This is one of the strongest bullish continuation setups we can get on higher timeframes.
The key level here is around $1.51T area.
This zone has acted as a ceiling several times, back in 2022, again in 2024 and most recently in mid-2025.
Each rejection from this area has led to heavy corrections. Right now, we’re sitting just above it at around $1.59T and the market is once again testing if this level can finally turn into solid support.
If the breakout holds, this could unlock the next major leg for altcoins.
The first area to watch would be around $2.1T, with longer-term potential extending toward $2.6T - $3T.
That would mark the beginning of a true altcoin season, with capital flowing aggressively into the broader market outside of Bitcoin.
On the flip side, if we get another rejection here, the structure may need more time to develop.
A pullback toward $1.35T would be the first logical stop and in a deeper correction scenario we could even see $1.1T - $1.2T retested.
Expect some short-term volatility, shakeouts are always part of the game.
But don’t lose sight of the bigger picture, not after all this time.
Whether it happens in Q4 2025 or follows the scenario I outlined in Weekly Edge, altcoin season is coming.
It won’t be the same as before, but it is coming and that’s exactly why preparing for it now is so important.
I wish you all a good start to the week!
#alts