SteemitCryptoAcademy-Bitcoin and Crypto Markets Analysis - May 14, 2025 - Liquidity of alternative currencies except Bitcoin and Ethereum

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Hello steemians,

The graph presented, from TradingView, illustrates with great clarity the evolution of the total capitalization of the cryptocurrency market excluding Bitcoin and Ethereum, in units of billions of US dollars (USD), the technical analysis of this graph highlights several significant elements, both in terms of market structure and the dynamics of the liquidity of altcoins (alternative cryptocurrencies).

Detailed technical analysis:

Since the bottom of the market observed at the end of 2023, an ascending bullish structure has emerged, materialized by an oblique green trend line which acts as dynamic support, this line has been successfully tested several times (represented by the green arrows), indicating a desire of the market to defend these levels at each correction, which reinforces the validity of this basic upward trend.

We also notice the formation of bearish consolidation configurations (descending triangles or black bearish channels) which have each time been broken upwards, signaling a change in positive momentum after each compression, these breaks are followed by a strong bullish impulse, reflecting a marked recovery in demand for altcoins.

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Technical objectives achieved and prospects:

Currently, the curve has crossed the threshold of 914 billion USD, thus reaching the first objective identified (resistance zone around 893–915 billion USD), this break, combined with the passage above the 50-day exponential moving average (EMA50), reinforced by significant volume, suggests that the market is regaining a robust bullish structure.

The chart indicates two higher goals:

• Intermediate objective around 993 billion USD
• Major objective towards 1.16 trillion USD

These levels correspond to previous congestion zones, or even to the peaks reached during the last bullish rallies.

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Scenario envisaged:

In the event that the capitalization manages to sustainably exceed the resistance of 993 billion, and particularly to break the previous peak, this could constitute a strong signal of a massive return of liquidity towards altcoins, with a reallocation of capital leaving the majors (Bitcoin, Ethereum) towards assets with higher return potential.

This hypothesis, if realized, would potentially herald an altseason (altcoin season), during which the majority of alternative cryptocurrencies would record significant increases in a very short time.

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Conclusion :

In short, we are witnessing a progressive technical reversal, supported by a clear bullish breakout and well-respected supports, reflecting a renewed interest in alternative cryptocurrencies, the dynamic remains conditional on the confirmation of the next objectives and above all on the capacity of the market to cross the resistance zone of 1,000 billion dollars, if this zone is crossed, this would suggest the arrival of a new wave of capital, fueling a broader bullish cycle across all altcoins, obviously excluding Bitcoin and Ethereum from the scope of this analysis.

Warm regards,
@kouba01 (Steem Representative)