#news_update Altcoins are approaching critical resistance of $1T, with analysts predicting a potential breakout that will spark the next Altseason.
The bullish breakout in 2024 shows renewed altcoin momentum, with the trend reflecting explosive market growth in 2021.
The TOTAL3 chart highlights cyclical market behavior, suggesting that 2025 could redefine altcoin dynamics with substantial gains.
The altcoin market is witnessing bullish sentiment as analysts predict a potential breakout in early 2025. Looking at the technical analysis, the total cryptocurrency market cap, excluding Bitcoin and Ethereum, is on the verge of breaking its all-time high.
If it breaks through this critical level, experts expect conditions similar to the 2021 altcoin season, or even better. Total3, a key market indicator, is showing clear signs of an upcoming surge. As the market approaches the $1 trillion resistance, a breakout could lead to altcoin gains.
Bullish Trend Indicates Strong Breakout
Crypto expert 𝕄𝕠𝕦𝕤𝕥𝕒𝕔ⓗ𝕖 showed in post X the cyclical pattern of the altcoin market, which has seen several stages of development, breakout, and consolidation. The market grew rapidly from 2017 to 2021, then went through a correction phase. The resistance levels that were tested several times are marked in red, indicating failed attempts to break through. However, the green arrows indicate strong support zones that were maintained during the phase.
In 2021, there was a sharp breakout, leading to a new ATH. Analysts believe that after the current resistance is broken, the altcoin will see a similar surge. The period from 2021 to 2025 shows a descending wedge structure. This structure represents temporary bearish momentum, but does not prevent a recovery in 2024. The key breakout point occurred in late 2024, indicating renewed bullish momentum.
Analysts Predict Altcoin Season in 2025
A tweet by Crypto Rover provides additional insight into the bullish outlook for altcoins. The monthly trend from 2018 to 2024 shows the market recovering after the 2018 crash. The uptrend started gaining acceleration in 2020 and continued to accelerate in 2021, surpassing the $1 trillion mark for market capitalization. After that, a correction occurred, and the market entered consolidation for the 2022 period.
The market started to rebound in early 2023 after breaking through resistance levels. The market capitalization jumped above $1.5 trillion in 2024. This is seen by analysts as a continuation of the optimistic trend. If the momentum continues, the market could experience exponential growth.
Altcoin Market Post Poised for 2025 Breakout as $1 Trillion Resistance Nears appeared first on Crypto News Land.
