After nearly 4 years of consolidation, the TOTAL2 chart (crypto market cap excluding Bitcoin) has officially broken above its 2021 bull market peak — marking the first confirmed new high since the last cycle.
This move shifts the macro structure from accumulation to potential expansion phase.
📊 Here’s what this means:
- The 2021 high has now flipped from resistance → potential support
- Altcoins are showing broad strength for the first time this cycle
- The measured move projection (if structure repeats) points toward the $2.98T zone — not a guarantee, but a logical expansion range.
If sustained, this could mark the true beginning of the next altcoin expansion cycle.
The key now:
Watch for weekly closes above prior highs to confirm momentum and keep the bullish structure intact.
—Educational analysis only. Past performance ≠future results.