- TOTAL2 has consolidated for more than 1.5 years
- Analysts compare current setup to 2016 and 2020 cycles
- Higher lows suggest growing long-term altcoin demand
Altcoin accumulation phase may be setting up the next major crypto rally, according to new market analysis shared by El_Crypto_Prof. The analyst highlighted that TOTAL2, which tracks the total altcoin market cap excluding Bitcoin and Ethereum, has spent more than 1.5 years consolidating. That timeframe is significantly longer than the accumulation periods seen before the 2017 and 2021 bull runs.
Altcoin Accumulation Phase Mirrors Earlier Bull Cycles
The latest TOTAL2 chart shows a recurring double-bottom structure with steadily rising lows. Similar formations appeared during the 2015, 2018-2019, and 2022-2023 market cycles. Each period eventually led to strong upward momentum across the broader crypto sector.
Source: X
According to the analyst, the current altcoin accumulation phase reflects sustained capital positioning rather than speculative overheating. That distinction matters because previous cycles experienced shorter accumulation windows before sharp rallies developed.
The chart structure also suggests sellers have repeatedly failed to force lower lows. Instead, market support has strengthened gradually over time. In technical analysis, this pattern often indicates long-term demand building underneath price action.
TOTAL2 Structure Suggests Altcoin Breakout Momentum
The broader crypto market has recently shown improving sentiment as Bitcoin stabilizes near higher trading ranges. However, the analyst believes the real altseason may still be ahead rather than already underway.
The extended altcoin accumulation phase supports that thesis. Longer consolidations can create stronger breakout conditions because liquidity builds gradually before expansion begins. Previous market cycles demonstrated similar behavior before large-cap and mid-cap altcoins accelerated sharply.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
