$TOTAL2 Near 4.5-Year Ascending Triangle Breakout — Altseason Setup and Altcoin Market Cap Watch | Flash News Detail | Blockchain.News
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11/1/2025 10:31:00 AM

$TOTAL2 Near 4.5-Year Ascending Triangle Breakout — Altseason Setup and Altcoin Market Cap Watch

$TOTAL2 Near 4.5-Year Ascending Triangle Breakout — Altseason Setup and Altcoin Market Cap Watch

According to @TATrader_Alan, the monthly chart of CRYPTOCAP:$TOTAL2 is nearing a breakout from a 4.5-year ascending triangle that could kick off Altseason. Source: X post by @TATrader_Alan on Nov 1, 2025. $TOTAL2 tracks the total crypto market capitalization excluding BTC, so a confirmed breakout would signal broad-based altcoin strength. Source: TradingView CRYPTOCAP:TOTAL2 symbol description. For confirmation, traders typically look for a monthly close above horizontal resistance with expanding volume to reduce false breakouts. Source: Edwards and Magee, Technical Analysis of Stock Trends. Altseason is commonly gauged when a majority of large-cap altcoins outperform BTC over a defined period, as tracked by the BlockchainCenter Altseason Index, making $TOTAL2 a key proxy. Source: BlockchainCenter Altseason Index methodology. Key risk is a failed breakout and whipsaw around prior highs; invalidation is often set on a close back below the breakout level. Source: Edwards and Magee, Technical Analysis of Stock Trends.

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Analysis

As cryptocurrency traders eagerly anticipate the next major market shift, a prominent analyst has spotlighted a compelling technical pattern in the TOTAL crypto market cap excluding Bitcoin. According to Trader Tardigrade on X, the monthly chart of TOTAL is on the cusp of breaking out from a 4.5-year ascending triangle, a development that could ignite the much-anticipated altseason. This pattern, characterized by higher lows and a flat resistance line, often signals bullish continuation, and with the chart dating back to mid-2021, the potential breakout carries significant weight for altcoin investors looking to capitalize on surging prices.

Understanding the Ascending Triangle in TOTAL Crypto Chart

The ascending triangle formation in the TOTAL market cap has been building for over four years, with repeated tests of the upper resistance around key levels that have held firm since the 2021 bull run peak. Trader Tardigrade's analysis, shared on November 1, 2025, highlights how this pattern's resolution could propel altcoins into a new era of dominance. Historically, such triangles in crypto markets have preceded explosive rallies, as seen in previous cycles where altseason followed Bitcoin's stabilization. For traders, this means monitoring volume spikes and candlestick confirmations on the monthly timeframe. If the breakout occurs above the resistance, it could target projections based on the triangle's height, potentially adding hundreds of billions to the altcoin market cap. Current market sentiment, influenced by institutional interest in Ethereum and other layer-1 tokens, supports this optimistic view, with on-chain metrics showing increased accumulation in altcoin wallets.

Trading Opportunities and Risk Management in Potential Altseason

From a trading perspective, positioning for this altseason breakout involves strategic entries across multiple pairs. For instance, altcoins like ETH/USDT, SOL/USDT, and emerging tokens could see parabolic moves if TOTAL breaks out. Traders might consider long positions with stops below the triangle's support line, aiming for resistance-turned-support retests. Volume analysis is crucial here; a surge in trading volume on the breakout candle would validate the move, potentially leading to 50-100% gains in select altcoins within weeks. Cross-market correlations are also key—Bitcoin's price stability above $60,000 often paves the way for altcoin outperformance, as capital rotates from BTC to smaller caps. Institutional flows, evident in recent ETF approvals for Ethereum, could amplify this, driving liquidity into DeFi and NFT sectors. However, risks include false breakouts, so incorporating indicators like RSI for overbought signals and MACD crossovers for momentum confirmation is essential for risk-averse strategies.

Beyond the technicals, broader market implications tie into global economic factors. With interest rate cuts speculated in major economies, risk-on assets like cryptocurrencies stand to benefit, potentially accelerating the altseason narrative. On-chain data from sources like Glassnode reveals rising active addresses in altcoin networks, suggesting organic demand buildup. For stock market correlations, events like tech stock rallies in AI-driven companies often spill over to AI-themed tokens such as FET or RNDR, creating hybrid trading opportunities. Traders should watch for Bitcoin dominance (BTC.D) dropping below 50%, a classic altseason indicator, which could coincide with this triangle breakout. In summary, this setup offers a high-reward scenario for prepared investors, emphasizing the need for diversified portfolios and timely executions to navigate the volatile crypto landscape.

Market Sentiment and Institutional Flows Driving Altcoin Momentum

Market sentiment around this potential breakout is buoyed by positive developments in the crypto space, including regulatory clarity in regions like the EU and increasing adoption of blockchain in traditional finance. Analyst insights, such as those from Trader Tardigrade, underscore how this 4.5-year pattern aligns with cyclical bull market phases, where altcoins historically outperform Bitcoin by multiples. Trading volumes in altcoin pairs have shown steady increases, with recent 24-hour volumes on exchanges like Binance reflecting heightened interest. For those eyeing entry points, support levels within the triangle provide buying opportunities, while resistance breaks could trigger FOMO-driven rallies. Integrating this with AI advancements, tokens linked to decentralized AI projects may lead the charge, as innovations in machine learning intersect with blockchain for new use cases.

To optimize trading strategies, consider leveraged positions on futures markets, but always with strict risk management—limiting exposure to 1-2% per trade. Historical altseasons, like the 2021 surge where TOTAL market cap doubled in months, offer precedents for what's possible. Current indicators, including moving averages converging bullishly on the monthly chart, reinforce the breakout thesis. As we approach this pivotal moment, staying informed on real-time developments and adjusting positions based on confirmed signals will be key to profiting from the impending altseason wave.

Trader Tardigrade

@TATrader_Alan

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