*๐ Altcoins at Make-or-Break Zone vs BTC โ Reversal Ahead? ๐๐*
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๐ *Chart Breakdown:*
This chart shows *TOTAL3/BTC*, which represents the altcoin market cap (excluding BTC & ETH) relative to Bitcoin. The trend has been *consistently bearish* since late 2021, showing altcoins bleeding value compared to BTC.
๐ป *Current Setup:*
โข Altcoin ratio is at *0.31*, hovering just above key multi-year support
โข Candle structure suggests deep oversold territory
โข The blue line (likely BTC market cap or BTC dominance) shows strength while alts are under pressure
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๐ *Trending Signals:*
โข Price compression near historical support โ potential *trend reversal zone*
โข Capitulation-like volume could signal a bottom is forming
โข BTC nearing cycle highs โ alt rotation could be next
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๐ฏ *Targets to Watch:*
โข If bounce occurs, look for reclaim of *0.38โ0.41 zone*
โข Breaking 0.45 could confirm an *altseason launch phase*
โข Failure to hold 0.30 support = risk of breakdown to *0.23 area*
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๐ฎ *Analysis & Outlook:*
Altcoins are historically at levels where *strong reversals* have begun. While BTC continues to dominate, the setup favors an *incoming shift of capital into alts*โespecially if BTC cools off. Keep eyes on volume, breakout candles, and macro signals.
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TL;DR:*
Altcoin market is at a *critical inflection point*. If 0.30 support holds, we could be in for a strong altcoin bounce โ possibly even the *start of the next altseason*! ๐ฑ๐