An upcoming altcoin rally seems probable based on the “Total 2 Altcoins” chart analysis that delivers similar historical indicators.
Past market cap surges are visible in the candlestick chart starting from 60B in mid-2020 that reached 210B followed by another surge from 130B to 360B in mid-2021 that is displayed by green boxes with rising trends after consolidation periods.
At present the market cap stands at 130B while challenging resistance at 140B found within the red circle.
A sharp drop of the RSI to 40 in early 2025 confirmed oversold conditions before the indicator started moving toward 60 which previously marked the beginning of price rallies.
The market cap may rise higher than 360B when prices cross the 140B level due to past market performance indicators.
The market may begin a downtrend toward 80B once 140B remains unbroken and 60B may act as secondary support in case bearish momentum continues.
The 140B price level represents a critical structural point which provides both transformative potential and potential price declines depending on whether the breaking point succeeds or fails.
Why an Altcoin Season Could Be Coming Soon?
Bitcoin Season Vs Altcoin Season index tracking by Blockchain Center from May 2024 to March 2025 represents changing market behavior according to their data.
In November 2024 the Bitcoin Season index rose to a peak level of 90 which placed it firmly within the dominating Bitcoin period (above 75).
The index plummeted to 25 during March 2025 thus marking the beginning of “Altcoin Season” (below 25).
This 90-point Bitcoin momentum decline to 25 suggests an upcoming period of altcoin growth because capital moves into different cryptocurrency markets.
January 2025 marks when the market indicator broke its structure pattern by dropping below 75 before declining steadily toward the center area between 25 and 75.
An upcoming intense altcoin season is expected to produce substantial price growth for alternative coins because investor attention is predicted to shift away from Bitcoin.
A related index moving above 75 indicates the start of Bitcoin season which would hinder altcoin price appreciation.
The altcoin season appears favorable now that the index sits at 25 however Bitcoin might reclaim control if the index climbs back above 25 thus postponing the altcoin market growth.
Total Market Cap of Altcoin Balancing
The Total Market Cap Excluding BTC & ETH chart shows the TOTAL3 index which remains at the $780B support level throughout March 2025.
The market value touched its highest point at $1.14 Trillion during early 2025 before plunging down to $780B which coincides with a fundamental support indicator exhibited through a horizontal line.
Before its recent decline the index achieved significant growth through its ascent from $450B mid-2023 to $966B during late 2024.
The market shows critical signs from its present position near the $780 billion threshold.
A potential altseason seems possible when the $780B support level maintains its position which could push the index value to $966B or higher thus testing $1.14T levels.
Bullish price action becomes likely when the index breaks upside from its current position past its previous peak level.
A breakdown from $780B support tends to trigger bearish price movements down to $670B or all the way to $450B which delays altseason.
The stability of the pattern at $780B stands as a crucial point that determines whether a rally will start or whether altcoin growth potential will face a long-term set-back.
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