By now, it’s no secret that everyone’s watching the cup and handle forming on the TOTAL2 chart (crypto market cap excluding Bitcoin).
A clean break above 1.71T (2021 high) would confirm the pattern and likely ignite an alt season — maybe even reminiscent of 2021, where altcoins more than quadrupled in value.
That’s the bullish scenario. But let’s weigh the other side too.
⚠️ Bearish Warning Signs
Triple Bearish Divergence:
The RSI has been flagging weaker momentum even as price retests highs.
Stochastic RSI Overbought:
It’s been consolidating at overbought for almost 3 months, right as this divergence has been forming.
These suggest the breakout could fail, at least in the short to mid term.
📉 Key Support Levels if Rejected
1.42T (38.2% Fib + EMA 20):
First support, already acting as dynamic trend support since Q2 2025. The band is projected via Bollingers with 1 standard deviation setting.
1.27T (50% Fib retracement):
Previous strong S/R flip. If TOTAL2 loses this level, deeper corrections across major alts such as Ethereum, Cardano, Solana are likely.
⚡ Summary:
We’re at a fork in the road. Break 1.71T cleanly → potential alt season.
Fail here → correction toward 1.42T or even 1.27T.
Either way, these levels are where opportunity lies for traders.
📌 DISCLAIMER: Educational purposes only. Trading involves risk and can result in loss of capital. Always do your own due diligence.
