The Official Start of Alt Season (Only Up For 217days)
I dare to say that it’s the official start of alt season. Over the next 217 days, we are going only up...
ONLY IF WE HOLD THE LINE.
So, throughout this technical analysis (TA), you will see some very important charts that we need to hold the line on. If the line is broken, there is no alt season for me; the line in the sand will be drawn.
The main chart above is currently TOTAL2, which means the total crypto market cap WITHOUT BTC.
What you’re about to see here on these charts is nothing short of amazing. The chart on the left is my new secret weapon for knowing when alts have bottomed. As you can see, every time we hit the top of this resistance on this chart, it marks a major alt bottom. So far, it has been happening once a year since 2022.
As of this week, we have gotten the 4th hit.
The stars are once again aligning. Finally, once I see everything lining up, I know that there’s an extremely high chance that I will be correct. What are the chances that we hit the top of this resistance for the 4th time on the week of the Fibonacci time sequence you see on the main chart, which also happens to be the bottom of this diagonal support? Again, too many things are lining up here for me.
This time, the Fibonacci sequence I’m following failed to give us anything on the first two hits, but the third (2.618) showed a nice pivot, and the fourth (3.618) showed us the August 2024 alt crash, which is a very important date and event because it mirrored the COVID crash of the last cycle in many ways. So far, then, we have a 50% hit rate on this sequence. We shall see if this week’s Fibonacci count is the actual bottom and pivot of the year.
The most important date for me is the one after October 13th, 2025. This has very much piqued my interest because this is exactly when I think the altcoin market will top this year.
Why October? Well, if you take a look at my Bitcoin TAs, I think September 2025 will be the Bitcoin cycle top this year, and what normally happens is the altcoin market rallies 20–30 days after BTC has topped. Let’s take a look:
As you can see, Bitcoin topped in April 2021, and 28 days later, the alt market topped.
In the 2017 bull market, the same thing happened: Bitcoin topped, and 22 days later, the altcoin market topped.
My thesis for Bitcoin is that we are currently starting the final Wave 5 that will top in mid-September. As you can see, my Fibonacci time sequence has a hit on this timeframe, which is also 1,050 days from the cycle low—the exact length the last two cycles have taken from bottom to top. So if Bitcoin tops in Mid September 2025 its very much possible that 20-30days after that alt market will top which line up with Mid October !
The ascending triangle technical target is about a 5 trillion market cap at the 3.618 level, which is the Fibonacci level we topped out at last cycle.
Many of the greatest rallies have started at this RSI level.
The Wyckoff Spring indicator fired off for the third time in ETH history. This is a real-time signal; it has no lag.
Could this be the spring?
Conclusion
I’m 99% sure this is the bottom as long as this diagonal support is not broken. That’s the only condition here. If it holds, a V-shaped recovery is likely, and expect only up for 217 days.
ONLY IF WE HOLD THE LINE.
So, throughout this technical analysis (TA), you will see some very important charts that we need to hold the line on. If the line is broken, there is no alt season for me; the line in the sand will be drawn.
The main chart above is currently TOTAL2, which means the total crypto market cap WITHOUT BTC.
What you’re about to see here on these charts is nothing short of amazing. The chart on the left is my new secret weapon for knowing when alts have bottomed. As you can see, every time we hit the top of this resistance on this chart, it marks a major alt bottom. So far, it has been happening once a year since 2022.
As of this week, we have gotten the 4th hit.
The stars are once again aligning. Finally, once I see everything lining up, I know that there’s an extremely high chance that I will be correct. What are the chances that we hit the top of this resistance for the 4th time on the week of the Fibonacci time sequence you see on the main chart, which also happens to be the bottom of this diagonal support? Again, too many things are lining up here for me.
This time, the Fibonacci sequence I’m following failed to give us anything on the first two hits, but the third (2.618) showed a nice pivot, and the fourth (3.618) showed us the August 2024 alt crash, which is a very important date and event because it mirrored the COVID crash of the last cycle in many ways. So far, then, we have a 50% hit rate on this sequence. We shall see if this week’s Fibonacci count is the actual bottom and pivot of the year.
The most important date for me is the one after October 13th, 2025. This has very much piqued my interest because this is exactly when I think the altcoin market will top this year.
Why October? Well, if you take a look at my Bitcoin TAs, I think September 2025 will be the Bitcoin cycle top this year, and what normally happens is the altcoin market rallies 20–30 days after BTC has topped. Let’s take a look:
As you can see, Bitcoin topped in April 2021, and 28 days later, the alt market topped.
In the 2017 bull market, the same thing happened: Bitcoin topped, and 22 days later, the altcoin market topped.
My thesis for Bitcoin is that we are currently starting the final Wave 5 that will top in mid-September. As you can see, my Fibonacci time sequence has a hit on this timeframe, which is also 1,050 days from the cycle low—the exact length the last two cycles have taken from bottom to top. So if Bitcoin tops in Mid September 2025 its very much possible that 20-30days after that alt market will top which line up with Mid October !
The ascending triangle technical target is about a 5 trillion market cap at the 3.618 level, which is the Fibonacci level we topped out at last cycle.
Many of the greatest rallies have started at this RSI level.
The Wyckoff Spring indicator fired off for the third time in ETH history. This is a real-time signal; it has no lag.
Could this be the spring?
Conclusion
I’m 99% sure this is the bottom as long as this diagonal support is not broken. That’s the only condition here. If it holds, a V-shaped recovery is likely, and expect only up for 217 days.
Trade active
holding the line
Trade closed: target reached
Its time to man up and go all inNote
Trade not closed ppl no idea why it saids trade closedNote
CULT DAO WILL LEAD THE ETH UTILITY RUN THIS CYCLE AND NOBODY CAN STOP IT
Note
Weekly closes perfectly , as expected this TA would be a Pico bottom call for the year , lets see!
Note
here we go hash ribbon buy on Bitcoin on weeky! massive!
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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.