A major shift is occurring in the altcoin market as TOTAL3, which measures the market capitalization of all altcoins except Bitcoin and Ethereum, has successfully confirmed the formation of a triple bottom — one of the strongest bullish reversal patterns in technical analysis. Historically, this configuration has preceded explosive market rallies, and signs indicate that this cycle may follow the same trajectory!
🌟 Why this could trigger a new altcoin season
The triple bottom model is a powerful trend reversal indicator, signaling that sellers have exhausted their momentum, opening the way for buyers to regain control. In previous market cycles, similar setups have triggered parabolic surges in altcoins, leading to a massive price increase across the entire sector. If history repeats itself, we may be on the verge of another supercycle of altcoins with significant growth potential.
📊 What comes next and how to stay ahead
As momentum accelerates, smart investors identify altcoins with high potential and position themselves before the breakout gains traction. It's essential to monitor key resistance levels, as a decisive move beyond these thresholds could trigger a market-wide rally. Proactivity, conducting thorough research, and strategic positioning may prove crucial as the next major phase of altcoin expansion unfolds.
