An Altcoin Season in Q4 is Coming.

Snapshot Thursday

Dear Subscribers,

Happy Snapshot Thursday!

First published in our Telegram Group, Swissblock’s Henrik Zeberg shares his weekly insights on crypto and macro price action. Make sure to join the channel for the most direct access to this resource:

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Today, Henrik focuses on Total 3, the altcoin market capitalization excluding Bitcoin and Ethereum. What does he see? A bullish flag is shaping up, signaling a potential breakout that could propel altcoins to impressive heights.

Technical indicators like the RSI’s bullish divergence and a promising MACD turn hint that we could enter an Altcoin Season. The Total 3 could push toward $3 trillion or even beyond $6.2 trillion.

Now let’s let Henrik take over: