Altcoins: Warning. Check this chart!

5月25日

On the weekly timeframe, I’ve noticed a striking similarity between the 2021 cycle and the current one.

Take a close look at the chart—once you see it, you can’t unsee it.

Are we at the same point we were in March 2022?

• The MACD is nearly identical
  
• The RSI mirrors the same pattern
  
• The Vortex Indicator stands at a critical crossroad
  

The only difference: trading volume is significantly higher

This setup resembles a potential triple top formation. If it confirms, it could completely contradict the bullish forecast I’ve held for months—or it might just be a fakeout.

We're at a decision point for altcoins: either the altseason kicks off in September and invalidates this bearish pattern, or we're headed toward a dot-com-style crash for most altcoins—excluding the top 10.

Keep a close watch on $OTHERS. History tends to repeat—let’s hope not this time.

DYOR

#Crypto #Altseason #BTC #CryptoAnalysis #MACD #RSI #BitcoinDominance #Altcoins #TradingView #TripleTop #CryptoCrash #Blockchain #CryptoCycle #MarketAnalysis

5月31日

交易進行

Unfortunately, $OTHER is following the bearish scenario and has broken down below the first target at 240B. The next key support lies at 225B, with the final major support around 185B. Let’s hope we don’t reach that level.

The MACD indicates that we could be in for a week or two of correction, so a deeper drop remains a real possibility.

Once again, the altseason appears to be cancelled — driven by a combination of Bitcoin’s price drop and a surge in BTC dominance (BTC.D). The same pattern played out in December 2024. It's hard to believe this is just bad luck. This looks like calculated price action, likely orchestrated by Bitcoin maximalists using altcoins as exit liquidity and redirecting capital into Bitcoin.

Updated chart:

6月14日

交易結束：目標達成

A visible head-and-shoulders pattern is forming — a classic bearish signal.
While it could still be invalidated, it’s certainly not a bullish sign. Uncertainty is poison for risk assets, and rising crude oil prices suggest rate cuts are off the table for now. The market is clearly in hesitation mode, and risk assets are usually the first to suffer.

The geopolitical landscape isn’t helping either: Ukraine, tariffs, and now rising tensions with Iran. The situation continues to deteriorate. Beyond bold announcements and media spins, the hard facts tell a clear story — things are getting worse.

Markets crave stability. Traders need clarity.
Right now, we have neither.
In times like these: sell first, think later.

6月21日

註釋

This idea is still valid and appears to be playing out. After several failed attempts to spark an altseason, all rallies have collapsed, and a head and shoulders pattern now seems to be unfolding. The projected target currently sits around $202B, as shown in the chart:


Daily Outlook:
The daily trend is clearly bearish, reinforced by a strong bearish divergence.

The Supertrend indicator has flipped bearish and remains in sell mode.

Unfortunately, the weekly setup failed: the MACD never reached the neutral zone and has now turned bearish again.

A bearish daily chart typically signals at least one to two weeks of downward pressure.

Weekly Outlook:
The MACD has failed to break above its midline and is now turning bearish.

The Supertrend on the weekly has also flipped bearish.

RSI is trending down, confirming the weakening momentum.
Chart reference:


The next major support seems to lie around $182B, which could bring significant pain to the altcoin market in the short term.

However, there is some good news: once that level is reached, a strong bounce is likely. Both the RSI and MACD are expected to enter oversold territory on daily and weekly timeframes, suggesting the potential for a very bullish fourth quarter for altcoins.