key takeaways:
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The Total 3 Market Cap hit a record $ 1.18 trillion, accelerating the speed within the Ultcoin Coort of the Crypto Market.
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USDT dominance drops rapidly, pointing to capital rotation in risk property.
Tradingview Ticks, Total 3, which tracks the market capitalization of all cryptocurrency except Bitcoin (BTC) and Ether (ETH), reached a new all -time high of $ 1.18 trillion on Monday. The metric also marked its highest weekly bandh on Sunday, which has crossed its extreme market capitalization since 2021.
Traders use a total of 3 charts as an indicator of altcoin market health because its joint assessment provides insight into the power of capital rotation pattern and comprehensive altcoin ecosystem.
Adding fuel to altseason speculation, USDT Dominance has fallen by 11.8% compared to the previous week, falling from 4.74% to 4.18%. This sharp decline in Tather’s market share typically indicates that investors are away from stabechoin and in risky property, seeking high returns as the creation of market confidence. Since January 2025, the decline below 4% will match its lowest USDT dominance.
Crypto Treder Honey also expressed a rapid feeling and identified the breakout from a cup-and-handle pattern on the weekly chart. Honey Said,
“We are officially broken out of the cup and candle, which is very fast for our beloved altcoins. Expect fireworks in the coming weeks. A total of 3 to $ 1.6t.”
Related: Korean Retail Capital Driving Ether Price, Treasury Demand: Samson Mow
Data gently indicates alcohol making
A deeper eye on the performance figures between the top 100 crypto assets highlighted the growing strength and the complexity of this emerging Altcoin cycle.
The data revealed a decisive acceleration in the altcoin motion in the last three months, with the cumulative return more than six times than bitcoin. This change suggested that when the bitcoin is anchoring the market, the capital is rapidly moving in risky property, which is an indicator of “Altseason” in the formation.
However, not all indicators are yet fully aligned. The average return for the top 100 crypto assets suggests that currently only 60% of the profit stems from altcoins, 80% to 90% below the range that usually defines an installed altseason.
At the same time, AltCoin season index Has climbed Up to 69%, closing on significant 75% line that will confirm wider altcoin dominance.
Cryptoctive adding a layer of caution Informed Since 22 September, the exchanges have seen a net outflow of $ 4 billion in ERC -20 Stabelines, in which Benance has run $ 3 billion (75%) of the clan. Its joint Stabelcoin reserves have fallen from $ 45 billion to $ 42 billion.
Large -scale withdrawals often follow market benefits, suggests that investors are taking profits and closing exchanges. Lower stabelcoins reduce the balance “dried powder”, limit the power to buy and increase the margacy of the market to the short -term price dips.
Related: $ 46B inserted into StableCoins in the last quarter: who took the lead here
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
