Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Rare Altcoin Signal Brewing Since 2020 Foreshadowing Parabolic Expansion, According to Crypto Analyst

Rare Altcoin Signal Brewing Since 2020 Foreshadowing Parabolic Expansion, According to Crypto Analyst

CryptoNewsNetCryptoNewsNet2025/07/20 17:40
By:dailyhodl.com

A crypto analyst known for his charts says that altcoins are flashing a very bullish signal that’s been five years in the making.

In a post on the social media platform X, pseudonymous analyst TechDev shares with his 535,000 followers a TOTAL3 chart, which measures the entire market cap of crypto assets excluding Bitcoin (BTC), Ethereum (ETH) and stablecoins.

Using three-month candles, TechDev’s analysis suggests that TOTAL3 is currently breaking out of a massive ascending triangle that started forming in late 2020.

“Macro altcoin expansion has triggered.

Not seen since late 2020.

But this one comes after a 4-year coil…the longest in history.”

Rare Altcoin Signal Brewing Since 2020 Foreshadowing Parabolic Expansion, According to Crypto Analyst image 0
Source: TechDev/X

The analyst believes that the altcoin market is trading in line with what’s known as a Livermore Accumulation Cylinder, a pattern identified by trader Jesse Livermore, a pioneer of day trading prominent in the early 1900s.

Livermore Cylinders typically see price trade within an ascending megaphone pattern, making increasingly higher highs and higher lows before a final parabolic run well outside the upper resistance line of the range.

Says TechDev,

“It’s not complicated.

The entire alt market is in a Livermore cylinder.”

Rare Altcoin Signal Brewing Since 2020 Foreshadowing Parabolic Expansion, According to Crypto Analyst image 1
Source: TechDev/X

TechDev is also keeping an eye on stablecoins. He shares a chart showing the inverse of stablecoin dominance, or as he describes it, “stablecoin deployment.”

The analyst notes that as stablecoins get deployed, it boosts digital asset prices, but that stablecoin deployment has never truly entered an uptrend, only temporary consolidations.

“Most still don’t get it.

This is stablecoin deployment. When it rises, crypto rises.

But the moves associated with prior bull runs have only been countertrend moves.

This will be the first actual breakout.

It has no precedent.

All prior runs have objectively been test pumps.”

Rare Altcoin Signal Brewing Since 2020 Foreshadowing Parabolic Expansion, According to Crypto Analyst image 2
Source: TechDev/X
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trump admin considers annual license for Samsung, SK Hynix to operate chip factories in China

Share link:In this post: The U.S. is considering annual “site licenses” for Samsung and SK Hynix to export chipmaking supplies to their Chinese factories. The new system would require yearly approvals with exact shipment quantities. South Korea welcomes the compromise, but officials have voiced concern over supply disruptions and added regulatory burdens.

Cryptopolitan2025/09/08 19:21

Metaplanet adds 136 BTC to treasury in ongoing Bitcoin strategy

Share link:In this post: Metaplanet has bought an additional 136 BTC at an average price of roughly 111,666 per Bitcoin. The company’s latest acquisition also brings its total Bitcoin holdings to 20,136 BTC at an average price of approximately 15.1 million yen per BTC. Metaplanet plans to raise $880M to issue up to 555 million new shares directed towards BTC purchases.

Cryptopolitan2025/09/08 19:21

OECD warns most crypto investors face high risks from low literacy

Share link:In this post: The OECD says most adults who know or own crypto show weak money and digital skills. Many investors do not understand that crypto is not legal tender or that losses are often permanent. The OECD urges governments to teach money skills and set stronger protections for small investors.

Cryptopolitan2025/09/08 19:21
OECD warns most crypto investors face high risks from low literacy

SOL Strategies secures Nasdaq listing under STKE

Cryptobriefing2025/09/08 19:15
SOL Strategies secures Nasdaq listing under STKE