Key Takeaways:
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Cup-and-handled patterns of Altcoins’ rose to the $ 2.78 trillion market cap, indicating a “Altcoin period.”
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Bitcoin dominance below the moving average keys suggests altcoins that may exceed the near term.
According to Crypto entrepreneurs, many Altcoins are currently showing some bullish patterns that suggest “this is the Altcoin period” as Bitcoin’s dominance begins.
The altcoins eye “phenomenal” rally at $ 2.78 trillion
In Altcoin’s latest review, popular businessman Jelle Highlights A breakout from a high bullish continuing cup-and-handling setup that forms the Total3/USD weekly price chart.
Total 3 refers to the combined market capitalization of all cryptocurrencies, excluding bitcoin (Btc) and ether (Eth).
Related: There’s more to Ripple than ‘XRP Army’: Why Altcoin is a great trade
A rest above the pattern neckline at $ 1.1 trillion can push Total3 up to about 100% to $ 1.98 trillion.
“Altcoins are broken from the multi-year cup and handle!” The trader said in a post on Thursday at X, adding:
“One final drawback to overcome, but once it removes $ 1.1 trillion, it all goes into nuts.”
Veteran Traders Peter Brandt noticed A similar to the Total2, or the combined capitalization of the market of all cryptocurrencies that do not include Bitcoin, in the weekly candle chart.
The measured target of this pattern is aimed at $ 2.78 trillion, or a 97% rally in the total Altcoin market cap.
Respond to Breakout, Brandt said:
“Altcoin’s time.”
Altcoin period pic.twitter.com/bshkys6pdo
– Peter Brandt (@peterlbrandt) July 16, 2025
Jelle and Brandt’s views noticed by analyst stockmoney lizards.
The altcoin rally rally is 24% Ether’s performance In the past seven days, suggesting the cycle of capital from Bitcoin as other cryptocurrencies have played catch-up.
“The ETH is trading at $ 3,400. That’s how fast things are,” Says My capital founder Michael Van de Poppe, adding:
“These six months will be amazing for the altcoins.”
Does the Bitcoin period end?
Bitcoin’s dominance, or sharing of the Bitcoin market related to the general crypto market, is one of the indicators commonly used to indicate when the altseason has begun. It reflects the general feelings of the investor and the market’s appetite in the market.
This indicator has been on a downward run since June 27, reaching an eight -week low to 62.61% on Thursday.
As cointelegraph reportedMany analysts say the dominance in the Bitcoin market has reached its climax as the Altcoins continue to push higher.
Famous Crypto Analyst Mikybull Crypto Says “Bitcoin Dominance is dumping” as it collapses under critical support provided by the 50-day simple moving average (SMA) at 64.78% and the 100-day SMA at 64.38%.
“It’s huge for the altcoins.”
Bitcoin dominance is “breaking down slightly but has a long way to go to confirm a larger turnaround is due,” said Road Crypto trades, suggesting that it might be too early to call an Altseason.
For example, the blockchain center Altcoin index has been more than three times since June 22th. But it’s still 39% of the top 50 Altcoins That has been outperformed by the BTC in the last three-month period-far from the 75% required for an official Altcoin period.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
