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The Crypto Total Market Cap Excluding BTC and ETH (Altcoins) on a weekly timeline.
- Historical Similarity: Both previous cycles saw 33% corrections. A similar retracement is possible.
- Opportunity: Corrections have historically been good accumulation phases before the next bull run.
- Resistance: Current levels align with 2018 cycle peaks, which may bring selling pressure.
Future Outlook:
• Sustaining above $1T could lead to a breakout towards $1.4–1.5T.
• A rejection may trigger a correction, creating a smart money to buying opportunity.
The chart highlights the cyclical nature of the market. With the market cap at $1.02T, it’s a key moment for investors to watch for either a breakout or a short-term retracement.