Place your ads here email us at info@blockchain.news
Altseason Alert: Trader Tardigrade Flags TOTAL2 3-Day Chart Signal for Altcoin Breakout | Flash News Detail | Blockchain.News
Latest Update
8/9/2025 12:48:04 PM

Altseason Alert: Trader Tardigrade Flags TOTAL2 3-Day Chart Signal for Altcoin Breakout

Altseason Alert: Trader Tardigrade Flags TOTAL2 3-Day Chart Signal for Altcoin Breakout

According to Trader Tardigrade, the 3-day chart of the altcoin market cap index TOTAL2 is showing conditions that could precede an altseason, as highlighted in his X post with a chart on Aug 9, 2025 (source: Trader Tardigrade on X, Aug 9, 2025). TOTAL2 tracks the total crypto market capitalization excluding Bitcoin, making it a direct gauge of altcoin breadth and trend strength for traders (source: TradingView symbol description for CRYPTOCAP TOTAL2). His call implies a potential bullish rotation into altcoins, with traders commonly seeking breakout confirmation on TOTAL2 before increasing risk exposure to altcoin positions (source: Trader Tardigrade on X, Aug 9, 2025; source: Edwards and Magee, Technical Analysis of Stock Trends, breakout confirmation guidance).

Source

Analysis

Trader Tardigrade, known on Twitter as @TATrader_Alan, recently sparked excitement in the crypto community with a bold prediction: an altseason is on the horizon, specifically referencing the $TOTAL2 and $TOTAL3 charts over a 3-day timeframe. Posted on August 9, 2025, the tweet highlights a potential surge in altcoin performance, signaling that alternative cryptocurrencies could soon outperform major players like Bitcoin (BTC) and Ethereum (ETH). This comes at a time when traders are closely monitoring market cap indicators for signs of rotation from dominant coins to smaller-cap assets, a classic precursor to altseason rallies.

Understanding TOTAL2 and TOTAL3: Key Indicators for Altseason

In the world of cryptocurrency trading, TOTAL2 represents the total market capitalization of all cryptocurrencies excluding Bitcoin, providing a clear view of altcoin strength independent of BTC's influence. Similarly, TOTAL3 excludes both BTC and ETH, offering an even purer gauge of smaller altcoins' performance. According to Trader Tardigrade's analysis, the 3-day charts for these metrics are showing bullish patterns, suggesting an imminent altseason where altcoins could see explosive gains. Historically, such setups have led to significant trading opportunities, with altcoins like Solana (SOL) or Chainlink (LINK) posting 50-100% rallies in short periods during past cycles. Traders should watch for breakouts above key resistance levels in TOTAL2, currently hovering around previous highs, as this could confirm the shift in market sentiment from BTC dominance to broader altcoin participation.

Trading Strategies Amid Rising Altseason Expectations

For those positioning for this potential altseason, focusing on high-volume trading pairs is crucial. Consider entries in altcoins with strong fundamentals, such as those in DeFi or AI sectors, where on-chain metrics like transaction volumes and active addresses are surging. For instance, pairing altcoins against BTC (e.g., SOL/BTC or LINK/BTC) could yield profits if BTC dominance drops below 50%, a common altseason trigger. Risk management is key—set stop-losses at recent support levels, like the 7-day moving average, to protect against volatility. Without real-time data, current market sentiment leans bullish based on community buzz, but traders should monitor 24-hour volume changes in exchanges for confirmation. If altseason materializes, expect increased institutional flows into altcoins, potentially driving TOTAL3 up by 10-20% in the coming weeks, based on patterns from 2021 cycles.

Beyond the charts, this prediction aligns with broader market dynamics, including growing interest in AI-integrated tokens and meme coins, which often lead altseason charges. Ethereum's upcoming upgrades could further catalyze this, as ETH's stability allows capital to flow into riskier assets. However, caution is advised: if BTC faces downward pressure from macroeconomic factors, it could delay the altseason. Traders might explore diversified portfolios, allocating 30-40% to mid-cap altcoins while keeping an eye on trading volumes exceeding 1 billion USD daily as a bullish signal. In summary, Trader Tardigrade's call serves as a timely reminder for crypto enthusiasts to prepare for potential high-reward trades, emphasizing the importance of technical analysis in navigating these volatile markets.

Overall, this altseason forecast underscores the cyclical nature of crypto markets, where periods of BTC consolidation often give way to altcoin booms. By integrating chart patterns with on-chain data, traders can identify entry points with higher conviction. For example, a breakout in TOTAL2 above its 50-day EMA could signal the start, prompting buys in undervalued gems like Avalanche (AVAX) or Polkadot (DOT). As always, combining this with sentiment indicators from social platforms enhances decision-making, positioning savvy traders to capitalize on the coming wave.

Trader Tardigrade

@TATrader_Alan

Technical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.

Place your ads here email us at info@blockchain.news