According to the source, the post highlights uncertainty between an altseason breakout and a rise in BTC dominance, flagging a pivotal rotation setup for crypto traders; source: social post dated Aug 9, 2025. To validate an altseason, look for BTC dominance (BTC.D) to form a weekly lower high and close below prior support, as tracked by the BTC.D index; source: TradingView BTC.D historical charts. Additional confirmation includes ETHBTC breaking upward from its range and Total Crypto Market Cap excluding BTC (TOTAL3) making higher highs with expanding breadth across top-100 alts; source: TradingView ETHBTC and TOTAL3 charts, CoinMarketCap top-100 market data. If BTC dominance rises, favor rotating into BTC spot, trimming high-beta alts, and prioritizing BTC pairs as funding normalizes; source: Coinglass perpetual funding and open interest data, TradingView BTC pair performance. Key watch items are BTC.D weekly structure, ETHBTC relative trend, TOTAL3 trend, alt funding skew, and stablecoin netflows that fuel risk-on cycles; source: TradingView for price indices, Coinglass for funding metrics, Glassnode for stablecoin supply data.

According to @TATrader_Alan, a four-week altseason has commenced. This forecast is based on the Total 3 ($Total3) chart, which represents the total market capitalization of all cryptocurrencies excluding Bitcoin (BTC) and Ethereum (ETH). The analyst highlights that the $Total3 chart has broken out of a descending trendline after a 31-week consolidation period. Based on this technical analysis and observed time cycles, a four-week pump for altcoins is anticipated.

According to Crypto Rover, a significant bullish signal has emerged for the altcoin market. A 'golden cross' has been identified on the TOTAL3 chart, which tracks the total market capitalization of all cryptocurrencies excluding Bitcoin (BTC) and Ethereum (ETH). This technical pattern, occurring when the 50-day moving average crosses above the 200-day moving average, is often interpreted by traders as a strong indicator of a potential major uptrend and the beginning of a bull market for altcoins, as highlighted by Crypto Rover's analysis.

According to Material Indicators, recent price action in the cryptocurrency market has been significant, with Bitcoin (BTC) achieving a new all-time high and Ethereum (ETH) touching the $3,000 price level. The analysis highlights that select altcoins are also breaking out from long-term lows. Key on-chain indicators, specifically the divergences observed between Bitcoin Dominance, the TOTAL3 index (total crypto market cap excluding BTC and ETH), and Stablecoin Dominance, are providing strong signals that an 'alt season' may be imminent. However, the source notes that the potential duration of this altcoin rally remains uncertain.

According to Miles Deutscher, the TOTAL3 chart, which represents the total cryptocurrency market cap excluding Bitcoin and Ethereum, may have formed a double top pattern. This pattern is often seen as a bearish signal, indicating a potential reversal in the market trend. Traders should monitor this development closely as it could suggest a forthcoming decline in altcoin prices. The analysis is based on the chart pattern observed by Deutscher.

According to Material Indicators (@MI_Algos), Bitcoin has established a new local support level, which is a positive sign for traders looking at price stability. Additionally, the TOTAL3 index, which excludes Bitcoin and Ethereum, has shown growth, indicating that altcoins might be finding a bottom, signaling potential opportunities for traders in the altcoin market.