Let us analyze the total 3 chart - which measure only altcoins excluding Ethereum . It seems to have possibly bottomed at around the 330B USD level and forming this gigantic falling wedge bullish pattern. The Target for this pattern breakout will be at least 10x of the market cap of altcoins from now.
This is an incredibly long term chart and might need years to play out but make no mistake crypto is here to stay and this pattern is still very much valid. Invalidation would be Until we see a strong breakdown of support and confirming the current support levels around 330B as resistance
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