Cryptocurrency

Altcoin charts are from bearish to bullish, is it time for Alt season?

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AltCoins is Start showing new momentumAs a Total3 chart representing the total market cap of all altcoins (excluding Bitcoin and Ethereum), it just went from bearish to bullish structure. According to new analysis, the breakthrough marks a potential trend reversal, increasing the likelihood that the market may enter an early stage The long-awaited ALT season.

Altcoin Chart Bullish Breakout Signals Alt Season

Crypto market expert Trader Tardigrade’s new technical analysis of the Total 3 chart has officially flipped bullish, exhibit Transform from a previously bearish structure to a potentially explosive setup. The analyst is currently watching the shift closely as it could mark an early stage of the upcoming Altcoin season.

According to the Altcoin Total3 chart, the market initially completed a textbook Double top patterna well-known bearish reversal signal. This pattern clearly defines two consecutive price peaks (both labeled as “tops” on the price list), which fails to break the higher and ultimately leads to Sharp sell-off and decline.

This structural breakdown confirms the bearish phase, and the price eventually reaches its disadvantage. The target area is markedly marked on the chart, showing that the double-layer pattern has been fully played.

Altcoin
Source: Tardigrade, trader on X

After this bearish move, Trader Tardigrade’s chart analysis shows that the market has begun to consolidate and gradually build what seems to be the classic now Reverse head and shoulder mode. It is worth noting that the neckline of this pattern clearly marks the $920 billion level on the chart, which is a key resistance threshold.

confirm Break through above this collar The formation of reverse head and shoulders will be verified, and the transition to the broader altcoin market will be transitioned to the “super bullish stage”. If such a breakthrough occurs, Trader Tardigrade’s chart also predicts a potential target of about $1.29 trillion.

At present, the price action of Total 3 chart is forming the right shoulder, which is a critical stage in the development of the reverse head and shoulder pattern. Although confirmation is still waiting, the formation of such bullish settings marks a significant development after the previous bearish structure is completed. If the neckline is broken by convincing volume and power, it can act as a potential trigger The powerful Altcoin season.

2025 2024 altcoin season

In the follow-up postalTrader Tardigrade has released a technical chart comparison, which suggests that the Altcoin season may begin in the coming weeks. This time, the analysis focuses on a total of 2 indexes, which tracks Total market value of all Altcoins.

The side-by-side chart compares market behavior from the end of 2023 to the beginning of 2024 with current price action from April 2025 to June 2025. During both periods, the market showed initial strong gains, followed by a merger period within A Descending Channel. In early 2024, this channel breakthrough led to important Altcoin Rally.

It is worth noting that the current 2025 chart appears to be repeating the same advent channel, and Trader Tardigrade predicts the potential Altcoin season after the market experienced a pullback and undermines the current merger model.

Altcoin
Overall crypto municipal cap excludes BTC, at $1.15 trillion | Source: Total2 on TradingView.com

Featured images from Unsplash, charts from TradingView.com

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