Altcoin Market Cap Holds ‘Critical’ Support, Poised for Upside: Analyst – Crypto News

The altcoin market, which is valued at over $879 billion at the time of this writing, is poised for its next major leg up toward its previous all-time high of nearly $1.2 trillion, according to crypto trader and market analyst Michaël van de Poppe.

The Total3 market cap, which tracks the total market capitalization of the entire crypto token ecosystem, excluding Bitcoin (BTC) and Ether (ETH), has maintained critical support around the $784 billion level, Van De Poppe said. 

The price of Total3 is also inching back toward the 365-day moving average, another critical support level, according to TradingView data.

In October, the Total3 hit an all-time high of nearly $1.2 trillion, but quickly retraced after a historic market crash rocked digital assets, causing the total altcoin market cap to decline by about 33% in a single day.

Investors, traders, and analysts are attempting to gauge the potential start of the next altseason, a period of sustained altcoin price appreciation, following a disappointing 2025 marked by changes to crypto market dynamics and historical patterns.