TOTAL3: Confirmation of support leads to resistance, back to ATH

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TOTAL3: Confirmation of support leads to resistance, back to ATHCrypto Total Market Cap Excluding BTC and ETH, $CRYPTOCAP:TOTAL3MasterAnandaI noticed all cycles are different. While we always expect the same, it is always different. This chart here shows three complete bullish cycles. The first one is really steep and ends with a blow-off top. The second cycle was also really steep and ended with a long-term double-top, quite different to the first cycle. The first one produced a major high and the highest ever. The second one a major new all-time high. The third one is more gradual and there isn't even a new all-time high. Again, completely different. Look at the 2017 bullish cycle. After the end of the bearish period, late 2018, there was a very significant relief rally, truly strong. Look at the 2021 bullish cycle and the bear market that followed. The main low in June 2022 transitions into a long-term bottom process, no relief rally. See the huge difference? In 2018 there is a huge rally after the bottom. In 2022, after the June 2022 low, the market dies out and goes sideways for more than a year... What about 2026? The tops are different in all three cycles —wait. Can the relief be different in all three cycles? The last two cycles produced different patterns after the bear market. What is to say that we will not get a different pattern this time around? We have a double-top as the end of the long-term bullish cycle, 2024 vs 2025. Then a long long-term triple top. These two years and 2021. So 2024 and 2025 produced no new all-time high. This index shows the Cryptocurrency market without Bitcoin and Ethereum —TOTAL3. Can you understand what I mean? The second cycle went deep below MA200. In the past, we would expect MA200 to remain unchallenged during the bearish period but things change. Now, in 2026, after the first portion of the bear market, MA200 weekly remains unchallenged... Market conditions continue to change. This is not to say that something specific should happen next. The whole analysis is intended to reach the conclusion that anything can happen. We can see a new bull market start now, as there was no new all-time high in 2024-2025. We can see a major relief rally now, the size of which we have not seen before. For example, the biggest relief rally in the history of crypto. We can see the market drying out and going flat, like 2022, but this is only a possibility and not a 100% certain and unavoidable reality. There is nothing in the whole world that demands right now for the Cryptocurrency market to move in a unique and specified way. If anything, all the developments in the last few years opened the doors for anything to happen, we've been seeing events in this lifetime that have not been present for centuries, 200 to 300 years ago. Who is to say that whatever happens now should be the same as four years ago? Why not 8 years ago? Why not 3 years ago? Where on this chart does it say that Crypto must crash and it cannot grow? I can build a map and behave based on certain assumptions, but this doesn't mean that the market must move in the way my imagination demands. Ok, you saw a chart and you saw a pattern that happened years ago. But this chart never told you what will happen next. When you are looking at 2022, you are looking at the past and you are ignoring all the other cycles that do not validate your pre-conceived idea. If the cycles must be all identical and the same, then 2022 should have been a repeat of 2018, and this obviously wasn't the case. 2025 should have been a repeat of 2021, and this didn't happen. Market conditions continue to change. With that in mind, I am looking at the charts and the signals with fresh and untainted eyes; everywhere, I see signals supporting a massive wave of growth. When we are focused on a bearish perspective only, it is 100% fully based on imagination, not from anything coming from the chart. Ok, past action, but the past is already gone. The bottom is already in, based on the signals coming from the charts. Since the bottom is already in, at this point in time, anything goes. We can have a massive relief rally, sideways consolidation or even a new bullish impulse starting this or next month. Anything can happen, and the chart looks ready, set and prepared for a very strong wave of growth. If we go by technical analysis, TOTAL3 is reversing right above support. The lower low in February 2026 has lower volume vs October 2025, showing that the bearish move is losing force. Once support is hit, the market reverses to test resistance. This means that a challenge of the resistance that produced the correction comes next. This would mean a bullish wave headed towards 1.15 - 1.20 T. That's the only possible scenario based on technical analysis. Another scenario is lower right away. Say the market moves lower, a bit lower or much lower, right away, followed by a new test of resistance; this resistance is the last all-time high. Thank you for reading. If you enjoy the content and find it engaging, make sure to follow. Namaste.