- TOTAL3 shows a large bullish structure with a neckline around $900B indicating a key turning point for altcoins.
- The chart’s projection points toward $1.7 trillion suggesting altcoins may enter a major expansion phase soon.
- Analysts note strong accumulation across major assets as traders eye continued growth in the altcoin market.
The altcoin market has officially entered a breakout phase, with TOTAL3—the total crypto market cap excluding Bitcoin, Ethereum, and stablecoins—surpassing key resistance. On October 9, 2025, crypto analyst Anup Dhungana highlighted a technical formation showing a massive cup and handle pattern on the monthly chart, suggesting a bullish continuation ahead.
According to the chart shared, TOTAL3 currently sits around $876.37 billion, showing a sustained upward trend following months of accumulation. The pattern’s breakout zone is projected to target nearly $1.7 trillion, representing a potential 95% measured move if momentum continues.
This setup, typically seen in extended consolidation cycles, reflects renewed strength across major altcoins. The move aligns with growing sentiment that the broader crypto market is preparing for a new rotation phase, particularly among non-BTC and non-ETH assets.
Technical Formation and Market Setup
The chart displayed on TradingView outlines a textbook cup and handle pattern that has been forming since 2022. The “cup” spans a long-term recovery arc, while the smaller “handle” reflects recent consolidation near the breakout neckline.
Measured from the base to the neckline, the projected height of the pattern suggests significant upside potential. The breakout zone extends from $865 billion to $900 billion, marking the threshold where bullish continuation typically begins.
The handle section also shows narrowing price movement, suggesting declining volatility before a potential expansion phase. Historical data indicate that such setups often precede multi-month rallies once resistance is flipped into support .
Traders and analysts commenting under the post noted the clean technical structure and referred to it as a “major rotation signal.” The pattern’s symmetry and multi-year development give it high technical reliability, making it one of the most closely watched macro signals in the altcoin sector.
Analyst Insights and Community Response
In his post, Dhungana noted that “TOTAL3 is breaking out,” referring to the chart’s measured upside projection beyond the neckline. The bullish setup garnered widespread attention, attracting strong engagement among traders and technical analysts within hours of its publication.
Several market participants, including prominent chartists, shared similar outlooks, highlighting the scale of the formation. One user commented that the measured target “looks massive,” suggesting potential sector-wide repricing if the pattern completes.
Discussions also touched on sector distribution, with mentions that Ethereum (ETH) could follow BNB’s recent trend, indicating synchronized momentum across large-cap altcoins. Broader commentary across crypto forums also linked the setup to potential liquidity shifts away from major tokens into mid-tier assets.
Meanwhile, TOTAL3’s resilience above the $800 billion mark reflects ongoing investor interest despite recent market volatility. Sustained weekly closes above the neckline could further validate the technical breakout, supporting projections toward the $1.5–$1.7 trillion range.
The broader takeaway from the chart suggests that altcoins are entering a structural expansion phase. With strong on-chain data and market activity aligning, TOTAL3’s monthly formation may serve as the key technical signal guiding capital flow for the remainder of 2025.