Like always, everything is clearly outlined on the charts :
- As a trader, it's crucial to follow logic and technical analysis. If you get caught up in the news and listen to everyone on Twitter, you won't last long.
- The first major altcoin rally was in 2018, pushing the market to $300 billion. This level later acted as a key support throughout the 2022–2023 bear market.
- The last all-time high for the crypto market (excluding Bitcoin and Ethereum) reached $1.15 trillion in 2021. ( blue doted vertical line )
- This all-time high was retested in December 2024, with this ATH acting as strong resistance. ( second blue doted vertical line )
- The next move could be a breakout above this resistance. According to Fibonacci projections, the altcoin market has the potential to reach $4 trillion.
While the spotlight remains on Bitcoin and ETFs, altcoins could catch up with a sudden and powerful surge, so make sure you’re not left behind.
Hodl!
Happy Tr4Ding !
- As a trader, it's crucial to follow logic and technical analysis. If you get caught up in the news and listen to everyone on Twitter, you won't last long.
- The first major altcoin rally was in 2018, pushing the market to $300 billion. This level later acted as a key support throughout the 2022–2023 bear market.
- The last all-time high for the crypto market (excluding Bitcoin and Ethereum) reached $1.15 trillion in 2021. ( blue doted vertical line )
- This all-time high was retested in December 2024, with this ATH acting as strong resistance. ( second blue doted vertical line )
- The next move could be a breakout above this resistance. According to Fibonacci projections, the altcoin market has the potential to reach $4 trillion.
While the spotlight remains on Bitcoin and ETFs, altcoins could catch up with a sudden and powerful surge, so make sure you’re not left behind.
Hodl!
Happy Tr4Ding !
Note
Older chart :
Trade active
Older chart Total Market :
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.