Altcoins Rise Again โ€“ Off to 1.07T and 1.51T?

645
๐ŸŒŠ๐Ÿš€ Total Market Cap (excluding BTC & ETH) is showing strength again, pushing off support and heading back into the heart of the channel.

๐Ÿ’ฅ The bullish structure has been respected beautifully:
โœ… Double bottom near channel base
โœ… Clean bounce and new higher low
โœ… Momentum building on macro trend

๐Ÿ“ˆ As long as this channel holds, we're eyeing the next targets:
๐Ÿ”น Mid-channel target: $1.07 Trillion
๐Ÿ”น Channel top extension: $1.51 Trillion

From the "Escape" back in late 2023 to the clean retest โ€” itโ€™s now about confirmation and continuation.

This could be the altseason move everyone forgot about...

๐Ÿ›‘ Long bias stays intact as long as the bottom channel support is respected.

Time to respect structure over noise.

One Love,
The FXPROFESSOR ๐Ÿ’™

Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! ๐ŸŒŸ๐Ÿค๐Ÿ“ˆ

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.