TL;DR:
- The TOTAL3 chart shows the same MACD bottoming zone that preceded the altcoin rallies of 2017 and 2021.
- Altcoin market capitalization (TOTAL3) is pressing against a key, multi-year resistance line.
- The market is currently in a phase of price compression, indicating that an explosive move is imminent.
The attention of analysts tracking long-term crypto cycles is focused on a macro technical pattern that has resurfaced in the altcoin segment of the market. This pattern is found in the TOTAL3 chart.
This chart measures the total crypto market capitalization. It is currently showing the same MACD bottoming zone observed just before the explosive altseasons of 2017 and 2021. While not a guarantee, the striking similarity poses an inevitable question: Is another massive bullish wave brewing beneath the surface?
What stands out about this setup is a sequence of conditions that have historically preceded the most powerful altcoin expansions. The MACD structure, trend compression, and multi-year resistance levels are all aligning in a way that reflects the most dramatic market cycles.
If history holds true, the market is nearing the completion of price compression, and the Altcoin Season Technical Pattern suggests that a trend breakout is imminent.
MACD and Resistance: The Keys to the Historical Pattern
The TOTAL3 chart reveals an ascending structure that has been building since the 2018 bear-market bottom. Right now, the altcoin capitalization is pressing against the same diagonal resistance line that capped the rallies in 2017 and 2021. Approaching this line for the third time suggests the market is at a major decision point.
Simultaneously, a large, multi-year symmetrical wedge is forming, where higher lows push the price upward while horizontal resistance keeps it contained. This type of compression often leads to a rapid and violent expansion once resistance breaks.
The most notable indicator is the MACD. The chart compares the cycles corresponding to 2017, 2021, and 2025. In each case, an identical bottom structure formed right at the beginning of the altcoin expansion.
Paradoxically, skepticism still dominates market sentiment, a common characteristic in early-stage reversals. Analysts recall that the strongest expansions occur when most participants doubt that anything major is about to happen.
In summary, if TOTAL3 manages to break and consolidate above the wedge resistance, this technical pattern would open the door to a new altseason, reflecting the behavior seen in the two previous cycle bottoms. If the resistance rejects the price, compression could continue, but the market is reaching a point where a major move is becoming increasingly likely.
