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TOTAL3 – Analytical Update:

The current scenario is still under evaluation and close monitoring, but according to the current wave structure, there is a high likelihood that wave (b) is still forming within a corrective pattern (likely in the form of a zigzag or flat).

If this estimate proves correct, we may witness an upcoming upward movement representing wave (c) of the larger circular correction, which could push the total market capitalization of altcoins to higher levels in the coming period.

This scenario aligns with the behavior of many altcoins that are currently showing consolidation or corrective bounces, supporting the idea of an upcoming upward wave at the market level as a whole.

📊 Additional Notes:

Any clear break of previous highs (or continued maintenance of higher lows) will reinforce this scenario.

Wave (c), if it launches, may be impulsive and open the door to what is known as a mini Altseason.

#TOTAL3 #AltcoinSeason #ElliottWave