Altcoin Season Looms as Total3 Chart Pattern Echoes 2023-2024 Surges

Crypto enthusiasts are closely monitoring the market as chart patterns suggest a potential altcoin explosion similar to those seen in 2023 and 2024. The Total3 chart, which tracks the value of all altcoins excluding Bitcoin and Ethereum, has shown a consistent trend over the past three years. In 2023 and 2024, when this trend line was tested, smaller altcoins experienced significant price increases. XRP, for instance, surged from around 50 cents to $3, while DOGE rose from 10 cents to 45 cents. As of 2025, the trend line is once again under pressure, sparking excitement about a potential altcoin season. However, if the trend line breaks, the pattern could fall apart, making the next few weeks crucial for determining the market's direction.

Despite the potential for an altcoin season, many are concerned that Ethereum has not yet broken through its previous peak. Historically, Ethereum's performance has been a key indicator for altcoin rallies. In 2021, for example, Shiba Inu's wild ride occurred after Ethereum had already surpassed its old high. This time around, Ethereum's underperformance has left many feeling that the current cycle is different. Analysts predict that if Ethereum is going to break out, it will likely happen in the last quarter of 2025, which has historically been the strongest time for crypto moves. If Ethereum does finally surge, altcoins could see rapid gains.

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