TOTAL2 – Altcoin Market Cap (Weekly TF) 2025

**Summary:**
The TOTAL2 chart (crypto market cap excluding BTC) is showing a structurally bullish formation after a deep retracement and a higher low confirmation. This setup suggests a potential multi-phase rally toward 2.98T and beyond, with defined support zones and Fibonacci targets aligned with liquidity cycles. This analysis visualizes the expected roadmap based on trend-based Fibonacci extensions, retracement levels, and psychological market phases. Notably, the outlook includes the possibility of an initial correction to retest strong support zones before the market begins its ascent.

**Chart Context:**
TOTAL2 represents the aggregated market capitalization of all crypto assets excluding Bitcoin. Historically, it reflects capital rotation into altcoins, especially following BTC dominance peaks. The current chart shows strong reaccumulation above the 1T support zone, with Fibonacci confluences hinting at a sustained recovery pattern. Dotted arrows illustrate a wave-like projection of accumulation, rally, retracement, and expansion. The possibility of a near-term correction to lower support zones is also embedded in the path structure.

**Key Technical Observations: and Levels**


TP1 = 1.78T
TP2 = 2.05T
TP3 = 2.4T
TP4 = 2.85T
* **Secondary Fib Retracement :** 0% = 1.23T, 100% = 425.89B

* Key zones: 23.6% = 1.04T, 38.2% = \~840.42B, 61.8% = \~569.41B
Possible Support Levels: 1.04T, 930B, 840B, 766B, 735B,
* **Trend-Based Fib (A-B-C):** A = \~420B, B = \~1.23T, C = \~735B

* This projection aligns with TP1 at 1.78T
* **Support Area:** Around 1T psychological zone (930B)
* **Strong Support Zone:** 735 Bto775B
* **First Target Zone:** Between 1.73T and 1.89T (early resistance + Fib cluster)

**Indicators:**

* Weekly structure forming higher lows
* Long-term Fib retracements respected
* Trend-Based Extension projecting 1.618 move
* No divergence, confirming strength

**Fundamental Context:**

* Liquidity conditions are improving globally with rate cuts expected into late 2025.
* ETH and ecosystem tokens are likely to lead altcoin recovery.
* Regulatory clarity and ETF flows add legitimacy to broader crypto allocations.
* Historical alt-seasons emerge from BTC profit rotation—TOTAL2 leads that shift.
* However, several macro risks may trigger a correction before rallying:

* The Crypto Fear & Greed Index is currently high, suggesting overbought conditions.
* Macroeconomic uncertainties (e.g., inflation, rate hike fears) can suppress short-term risk appetite.
* Regulatory tightening across major jurisdictions introduces hesitation in capital deployment.
* Technical signs of a five-wave drop in BTC hint at a larger ABC correction scenario.
* DAT (Digital Asset Treasury) exposure among public firms may lead to forced liquidations during downturns.

**Philosophical or Narrative View:**
This is not just a market cycle—it's a reflection of decentralized innovation reclaiming narrative dominance. After fear-induced lows, TOTAL2's rise echoes the resilience of builders, protocols, and investor conviction. Each Fibonacci level acts like a checkpoint in the unfolding story of crypto's evolution beyond Bitcoin.

**Related Reference Charts:**

* [TOTAL – Macro Breakout Analysis]

**Bias & Strategy Implication:**

* **Bias:** Bullish with short-term corrective risk
* **Accumulation Zone:** 1.0T–1.23T
* **Initial Risk:** Price may revisit the **Support Area (1T)** or even the **Strong Support Zone (775B–725B)** before a sustained move higher.
* **Partial TP:** 1.78T–2.05T
* **Extended TP:** 2.4T–2.98T
* Caution near TP4–Bonus zones as distribution risk increases
* Invalidated if closes below 725B (structure break)


**Notes & Disclaimers:**
This is a structural macro outlook and not financial advice. Markets are dynamic and subject to rapid shifts in sentiment, liquidity, and regulation. Always use risk management.