Total3 Chart Indicator - Altcoin Trend Direction - Important Signal for the Next Cycle

In the current cryptocurrency market landscape, the TOTAL3 chart is becoming an indispensable monitoring tool for those looking to predict the next move of altcoins. According to analyst CyrilXBT, this index — which tracks the total market capitalization of all cryptocurrencies excluding Bitcoin and Ether — is clearly reflecting significant changes in the broader altcoin market.

Steady Structure - Positive Signs from the Index Chart

According to CyrilXBT, the TOTAL3 chart is currently maintaining a clear upward trend with consecutive formations — higher highs and higher lows compared to previous cycles. Notably, the index remains above the long-term upward trend line, a position historically seen as a starting point for strong altcoin rotations. “The TOTAL3 chart still respects its structure,” the analyst emphasized, suggesting that stability at support levels could continue to encourage positive performance across mid and small-cap altcoins.

Danger if the Trend Breaks - Impact on the Overall Market

However, traders need to exercise caution. If this index decisively breaks below the upward trend line, the consequences could ripple across the altcoin market with more significant declines. A collapse of TOTAL3 would signal widespread weakness, potentially pushing capital from altcoins back into Bitcoin or stablecoins as a safe haven.

Market Awaits Signal from Support Levels on the Index Chart

Markets are currently closely monitoring the support level of the TOTAL3 chart as a guiding indicator. Successfully holding this position would normalize optimistic sentiment and revive appetite for higher risk assets. Conversely, a breakdown would encourage traders to return to safer assets. Currently, although bullish sentiment remains, caution is still advised — with TOTAL3 today viewed as an early warning system for major upcoming movements in the altcoin sector.