Is the "Altcoin Summer" finally loading, or is this another bull trap? 🚨
Let’s cut through the noise: Everyone is watching Bitcoin, but the real alpha is hiding in the Total3 chart.
Right now, we are seeing a massive squeeze. Bitcoin Dominance (
) has been hovering in a heavy resistance zone around 56% – 58%. Historically, when dominance hits these levels and begins to roll over, liquidity flows straight into mid-caps and low-caps.
The Technical Setup:
Support/Resistance: Total3 is currently testing a multi-month breakout retest at the $600B level. If we hold this, the next major leg up targets $750B.Indicators: On the Daily timeframe, the RSI is showing a hidden bullish divergence. Meanwhile, the 20-day EMA is curling upward, acting as dynamic support for the top 20 altcoins.Psychology: We are currently in the "Disbelief" phase. Most retail traders are still licking their wounds from the choppy summer price action, while whales are quietly accumulating bags in AI and RWA (Real World Asset) sectors.
The Game Plan:
Don't chase green candles. Watch for
to break below its 50-day MA—that is your signal to go risk-on. Focus on projects showing Relative Strength (those that stay flat or go up when BTC dips).
What’s your #1 altcoin pick for the next 30 days? Drop the ticker below! 👇
#Altcoins #CryptoTrading #TechnicalAnalysis #WhaleAlert #TradingStrategy