🔥Update Total 3 - This is an index to represent the market capitalization of Altcoin (excluding $BTC and $ETH ). Currently, the market capitalization of Total 3 is maintaining at 860B and may approach the swept price area of about 760B during the period of 11/10.
A brief realistic assessment shows that Total is really bad and has broken down. However, we still have 2 scenarios for everyone to refer to and make their own choices.
Plan 1: According to the actual situation, Total 3 has already broken down, with a slightly negative view, we will have about 7-10 more months that are really bad for Altcoin when Total 3 could drop to 440-540B. According to this plan, we are currently entering a downtrend season, just like in 2022.
Plan 2: A slightly positive view is that Total has a false breakout similar to the period from June to September 2024... before the wave at the end of 2024 occurs. This phase will also have a false breakout and create a base in the short term to test the peak around 1.15T for the 4th time, and then uptrend also for about 7-10 months and take about 2-3 months to form a base, from now until around max March to recover.
That is the situation and perspective for Altcoin currently, everyone choose a door and contribute ideas. Let's see if we are on a boat or at the foot of the mountain :)))



