Altseason 3.0: Altcoins Gear Up for a $1.6 Trillion Market Surge

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Cryptocurrency chat channel our Crypto Talk (@ourcryptotalk) declared that the altcoins were going to experience the third large bull cycle and called it the Biggest Move for Altcoins. The article sheds light on the fact that the Total3 chart, which follows the cumulative market value without Bitcoin and Ethereum in it, aims at a 1.6 trillion bustout. Reportedly, such an arrangement in 2023 and 2024 caused explosive rallies in the leading altcoins such as $TAO, $ONDO and $SEI.

Patterns of History Assure a New Altseason

During the 2023 first big altseason, $TAO went 10x, $ONDO went 5x, and $SEI hit its all-time high. In 2024, a second rally raised the market capital of the altcoins to 1.2 trillion. The chart has created a cup and handle pattern that traders view as a positive indication of continuation of the bull. The trend indicates that altcoins may reach a valuation of over $1.6 trillion in the event the market breaks the open resistance of $1.1 trillion.

Relative Strength Index (RSI) on the Total3 chart is curling upward, which is a sign of new buying strength. According to analysts, this RSI construction is a reflection of the initial stages of previous rallies. The technical breakout trends along with increasing lows are indicative of the fact that the altcoin market is gearing up to take another significant step.

Altcoin supported by Macro Tailwinds

The Federal Reserve of U.S. is still lowering the rates, and increasing the liquidity in the market. Such cuts have traditionally pushed money in risky assets, particularly altcoins. Analysts predict that investors will transfer Bitcoin and Ethereum gains in small-cap tokens. The total3 is at approximately 1.1 trillion at the moment, and liquidity inflows may put it above 1.6 trillion level within the next few months.

The coin such as $TAO, $ONDO, and $SEI already achieved enormous momentum in the previous stages of the cycle. Researchers believe that the Altseason 3.0 will be dominated by new sectors, including the decentralized Artificial Intelligence, Real World Assets (RWA) and Layer-1 chains. Efforts in interoperability and DeFi infrastructure principles might be on the frontline of projects that the investors look at as high-growth projects.

Fear and Greed Index stands at 34 indicating a cautious sentiment by the investor. As the optimism grows, analysts caution that the rally may be postponed by macroeconomic shocks or regulatory crack downs. Nevertheless the present position resembles the run-up to the breakout of previous bull markets and the traders anticipate the market to gain traction once the Total3 crosses the neckline.

BTC-3.24%
ETH-3.57%
TAO-4.64%
ONDO-0.3%
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