Bitcoin Dominance Drops as Altcoin Market Strengthens and TOTAL3 Tests Its Floor

Altcoin Market shows renewed breakout behavior as multi-year wedge compression ends, creating conditions that resemble earlier expansion phases across prior crypto cycles.

TOTAL3 continues moving toward its range floor after a failed breakout attempt, placing attention on the 760B support that defines current market structure.

Bitcoin dominance falls below its mid-band trend envelope, matching earlier readings that aligned with broad market rotation toward alternative crypto assets.

Altcoin Market moves into a critical phase as new structural patterns emerge across major crypto charts, showing changing conditions for traders.

Altcoin Structure Shows Renewed Breakout Signs

The recent post by JavonTM1 presents a comparison between two multi-year falling-wedge formations in the Altcoin Market chart. The first pattern appeared from 2018 to 2020 and produced a powerful expansion after a clean breakout

That movement shaped the 2021 altcoin cycle.A similar compression has formed since 2022, with price now pushing above the long-standing descending trend line

The chart shows a clear breakout zone marked by a blue box near the apex. This move suggests rising momentum after an extended period of reduced volatility.

The tweet positions the structure as comparable to the earlier setup, though traders may continue monitoring confirmation before treating it as a repeat. The Altcoin Market remains the central theme as conditions unfold.

TOTAL3 Approaches a Major Range Floor

Another chart in the post reviews TOTAL3, which represents crypto market capitalization excluding Bitcoin and Ethereum. The structure shows a large horizontal range with boundaries near 760B and 1.15T.

Source: AltCryptoGem

The upper level rejected a recent breakout attempt and produced a sharp reversal.Price has since returned toward the lower boundary after a measured decline of roughly one-third from the recent high

The hammer icon near the rejection point marks where the failed breakout occurred before the downturn started. Market participants now watch whether buyers can hold the established floor.

If the 760B level holds, the Altcoin Market may maintain broad consolidation within the multi-month structure. If not, traders would expect downward continuation as pressure builds near the range low.

Bitcoin Dominance Breaks Below Its Mid-Band

A Bitcoin dominance chart using trend envelopes that track long-term movement. Historical readings show three periods when dominance slipped under the mid-band during broader cycle transitions

Those earlier breaks came before strong altcoin expansions in 2017 and 2021.The current reading sits just below the same mid-band, with a purple marker placed at the recent movement.

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