Market Update / No ALT szn YetCrypto Total Market Cap Excluding BTC and ETH, $CRYPTOCAP:TOTAL3Joopooranskiπππ£πππ₯ ππ₯π£π¦ππ₯π¦π£π πΉπͺ ππ π π‘ βββββ Market Update / No ALT szn Yet I Only trade Bitcoin, but when I donβt understand what exactly is going on or I wanna double check my thesis, I check other charts for hints Ex: Total3 (crypto total ex BTC & ETH) β Also used for ALT szn The Chart looks very similar to BTC, except we have a clear double bottom β’ Double bottoms / Double tops β a reversal pattern β Mostly consolidation / counter rally / sideways volatility Green = support, which turned into resistance (red) β’ A clean trade = breakout + retest, which we still havenβt got one My take: double bottom (white) + One wave to the upside & now we r in the second wave, which is probably done (not confirmed) But the cleanest move would be the white arrow = 3 correction waves + retest to the red line = collapse (Blue) If we get any pump in alts & memes, it would be very short lived β’ Still in a bear market + No bottom formation