ALT SEASON #3After years of waiting, countless false starts, and more hopium than a bull market BBQ, we’re finally here: Alt Season 3 is upon us—or so my trusty weekly Bitcoin dominance chart is screaming.
For the uninitiated, this chart is basically the ancient oracle of crypto, and it’s saying, ‘Hey, Bitcoin, take five. It’s time for the alts to shine.’
Zoom in close and you’ll see the subtle shift—the kind of shift that makes your favorite meme coin go from $0.00001 to ‘retire on a yacht’ territory (not financial advice, obviously).
TL;DR: Pack your bags, but don’t forget to double-check the fundamentals of the random farm token you’re YOLO-ing into. Alt Season 3 is here to remind us all that dreams are made… and sometimes rugged. Stay sharp, my friends. 🚀
ALTS
The Largest Liquidity Provider - Will it offer a large trade?AAVE being a well known and historically safe bank for capital, this thing simply attracts money by itself, regardless of what the price chart looks like. With that said, now that we also have a beautiful price chart, and major major lows being tested as resistance right now, a breakout here will cement a huge bullrun.
AAVE's protocol is available on nearly every single chain, expect the meme coin crap. It's coin is also traded on every single exchange as well, so naturally money will easily flow into it. Will i be enough to shoot this chart up and above the 300 level? We shall find out soon enough.
Can't forget that this is going to be included in the top 50 index and certainly in any other index that comes out for crypto.
Triple Top - Ready to popLooking on the left 2 day chart, you can see this is the main support/resistance level from prior run ups. Ideally we get a breakout through this resistance and a retest of this level, confirming support, and buying pressure above.
This will send it over 7 easily, and to stay conservative, my first target is 7.5. Beyond that will be runners and dip buying.
Looking for Bitcoin to consolidate after its recent ATH break through 94k today. Consolidation will allow money to flow around through alts. With this one being so tight, we only need a little bit of that volume to breakout.
ALT Season AheadHey,
I wanted to share some thoughts on the current market dynamics and what I’m observing in BTC dominance.
If you’re invested in ALT coins—especially legacy coins like ETH, XRP, or even RUNE—you might feel like your returns are lagging significantly. The truth is, they are. Let me break down the relationship between ALTs and BTC dominance to give you some context.
I use TOTAL3 and BTC dominace charts, check them out.
There’s a strong inverse correlation between BTC Dominance and TOTAL3. Historically, when BTC Dominance trends downward, ALTs begin to outperform, experiencing substantial growth relative to BTC. This shift often marks the period when ALT coins start “shining.”
Interestingly, during the last cycle, BTC didn’t peak at the height of BTC Dominance. Instead, BTC peaked after ALTs had a massive rally, during a period when BTC Dominance ranged in the 40-50% zone.
Currently, BTC Dominance remains in a strong uptrend with no clear signs of slowing. For this reason, before heavily shifting into ALTs or taking profits on BTC longs, I’m waiting for a momentum shift in BTC Dominance. Even a simple trendline break to the downside could signal that capital is flowing out of BTC and into ALTs. This doesn’t necessarily mean BTC will lose value; in fact, it might continue climbing. However, it does indicate a tipping point where ALTs could begin to significantly outpace BTC, offering much greater upside potential.
That said, it’s important to consider the growing institutional interest in BTC. Unlike retail investors, institutions are less likely to pivot into ALTs (except for ETH, which benefits from its status as a leading crypto ETF). As a result, BTC Dominance could climb past 70% and may not see a sharp decline even when ALT coin momentum begins.
Sunny side up?Relative to other alts that have made big moves in the past few days, this one is lagging a bit.
Looking at the 2 day chart on the left we have found clear support, we just have not made the explosive breakout, yet. We are primed right under multi day resistance right now, so this could be within the next set of alts to make a wave higher. Stops are clear right now on the hourly chart as we are resting on support as of typing. Solid RR. Lets stay above the purple and we'll see another 2day break higher.
'Close But No Cigar' for Bitcoin – Altcoins Hit Major Resistance🚨 Close But No Cigar for Bitcoin – Altcoins Hit Major Resistance 🚨
🌟 Correction Likely – Or Do We Keep Pumping? 🌟
In today’s market breakdown, we’re at a critical crossroads for Bitcoin and Altcoins (Total3). 🚦 After months of bullish runs, both markets are approaching major resistance zones, and caution is key moving forward.
📌 Total3 (Altcoins Excluding BTC & ETH):
938B Resistance: After breaking out of a long-term descending channel and reaching the 600B–938B targets, Total3 now faces a significant resistance zone.
A pullback could be imminent unless we break and flip this resistance into support. Be careful before jumping into long positions at these levels.
📌 Bitcoin’s Psychological Barrier:
100K Level: Bitcoin came close, but no cigar to hitting this major psychological milestone. This remains an untouched resistance, with 96K acting as interim support.
Key Supports: Watch for levels at 91K and 88K. These areas could provide buying opportunities if Bitcoin retraces.
🎯 What’s Next? While we celebrate the incredible bullish momentum in recent months, this is not the time for FOMO. Both markets are at pivotal levels:
A breakout in Total3 above 938B or Bitcoin above 100K would signal continued bullish momentum.
A rejection might result in pullbacks, offering better entry points.
Strategy Alert: I’ve started to explore selective short positions on altcoins while watching these key zones. Longs will come into play only after confirmed breakouts above resistance.
📊 Check out the charts for deeper insights into these critical levels!
One Love,
The FXPROFESSOR 💙
Altcoins Hit Major Resistance: What’s Next for TOTAL3? 🚨 Altcoins Hit Major Resistance: What’s Next for TOTAL3? 🚨
📊 Altcoin Season 1st Milestone Reached – But Can We Push Higher? Or a correction is first? 🌟
The Total3 Chart (Altcoin Market Cap Excluding BTC & ETH) has finally reached the long-anticipated 600B–938B range, a critical resistance zone that’s been in focus for over a year. 🚀 After breaking out of a descending channel and delivering strong bullish momentum, altcoins are now at a make-or-break level. Let’s dive into the key areas to watch next! 👇
🔑 Key Insights:
938B Major Resistance: Total3 has climbed steadily to this key level, but it must break and flip this resistance into support to sustain the rally.
Channel Breakout: After months of consolidation within a descending channel, altcoins made a clean escape, sparking a rally to the current resistance.
Potential Scenarios:
1️⃣ If the breakout succeeds, the next bullish target is 1.33T, opening the door for explosive altcoin growth.
2️⃣ A rejection could lead to a retracement back to 600B support, providing fresh entry opportunities for the next leg up.
⚠️ Why This Matters: This is not the time to FOMO! 📉 While the altcoin market has shown incredible strength, the risk of correction remains high unless we see a strong breakout. If this resistance holds, short-term pullbacks could offer better buying opportunities.
Strategy Alert:
Bullish above 938B, targeting 1.33T.
Watching for a rejection to add positions closer to support levels.
📈 What’s Your Play? Let me know in the comments if you’re eyeing any altcoins to ride this potential breakout or waiting for the next dip! Stay tuned for further updates.
One Love,
The FXPROFESSOR 💙
Step by step towards #Altseason#Altcoins are just starting to wake up!
#Alts market cap broke the TOTAL2 $1.27 trillion level, which was the major resistance on March 2024, and also the neckline of the cup handle formation, will move towards the all-time high of $1.71 trillion after the weekly close and retest!
I bet you are not watching this chart of TOTAL3#ALTSEASON Update🚀
Let’s dive into some detailed alpha!
Take a look at this (Total3-USDT-USDC)/BTC chart. It clearly indicates that #Altcoins could bleed by a maximum of 20% further from current levels in CRYPTOCAP:BTC pairs. However, this doesn’t necessarily mean they’ll lose value in USD terms if #BTC continues to pump, which seems likely in the coming weeks.
Following this, altcoins are expected to start outperforming BTC and will likely peak when this chart reaches around 0.56, with another possible top at 0.91.
PS: The altcoin market is highly fragmented this cycle. Not every altcoin will pump equally or peak at the same time. However, overall, the altcoin market could potentially achieve a top near the 0.91 level, which represents a 3x increase from current levels.
ALTCOINS The alt season has officially begun.This is a clear technical representation of the altcoin market (total capitalization excluding top 10 coins) on the 1W timeframe that shows that we are on the 3rd week of the new alt season, which is the strongest rally of the Cycle. You can see all 3 Cycles so far and the common characteristics they share.
It all starts when the previous Bull Cycle peaks and the Bear Cycle starts, which is confirmed after the price crosses under the 1W MA100. Then a prolonged accumulation phase starts and when the 1W RSI bottoms it starts forming HL. A price crossing over the 1W MA100 again, coincides with an overbought 1W RSI, which confirms the start of the new Bull Cycle. After a Bitcoin's Halving, the alts market forms a Bull Flag and when the 1W RSI hits the HL and rebounds, the alt season starts.
The chart shows that we are on this stage at the moment. This is practically one of the very last opportunities you have to buy.
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Alts with UPSIDE POTENTIAL | ALTCOINS | RUNE, ATOM, FETIn this time of the cycle, many alts have already rallied... and a few, haven't, patiently awaiting their turn for some liquidity.
In this video, I take a look at my TOP picks - there are many more, but let's start with these.
1) FET
2) RUNE
3) ATOM
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BINANCE:ATOMUSDT BINANCE:RUNEUSDT BINANCE:FETUSDT
This Has Only Happened Once BeforeBitcoin "priced" in US Dollars (ie the number of Dollars you can trade for 1 Bitcoin divided by 1 Bitcoin but leaving the number 1 in the denominator invisible as a stupid stone aged esoteric shenanigan used to make you forget about the role of currencies in the taxation and control of your everyday life) has only simultaneously met these 2 conditions twice in Bitcoin's existence: 1. The current value of Dy/Dx of its SMA50(SMA50(SMA50 Weekly Close)) and 2. Reaching the upper bound of the macro trend of the deviation of the Weekly Close from this smoothed long term MA as measured by the Weekly Close/Thrice Smoothed MA.
This could indicate that Bitcoin USD is pushing on major resistance and is due for a major contraction or consolidation before moving higher and completing the cycle within the next year.
Considering where we are in the economic cycle, with the Bond Market mimicking 2007 and 1953 or 58, stocks overvalued when adjusted for currency manipulation, and the yield curve un-inverting while retail confidence is at all time highs, perhaps we should take a moment to introduce a bit of caution into our analysis.