
Daan Crypto Trades|Aug 29, 2025 20:01
The TOTAL Altcoin Market Cap has been consolidating in this same price region for the past 1-2 months.
Until we start breaking below that previous support/resistance line at ~950B, I do favor this to be re-accumulation before the push to new highs. Keep in mind, this process can easily take another few weeks/months and a retest of support is never out of the question.
The labels I've written down on the right are still levels I stand by. I do think a push to new highs would really ignite the craziness this cycle and probably also brings us to a top relatively soon after. But that's generally the most explosive part of the cycle as well.(Daan Crypto Trades)
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