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According to the analyst, the altcoin market is preparing for a new upward move
According to crypto investor and market analyst Michaël van de Poppe, the altcoin market, which has a value of more than $879 billion at the time of writing, is gearing up for the next major bullish push toward the previous all-time high of about $1.2 trillion.
Van de Poppe said that Total3, the market value that tracks the total market capitalization of the entire crypto token ecosystem except Bitcoin (BTC) and Ether (ETH), is holding its critical support level around the $784 billion mark.
The Total3 market value is also climbing back toward the 365-day moving average.
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Cointelegraph
According to the analyst, the altcoin market is preparing for a new upward move
Jan 5, 2026 01:15 GMT+3 Reading time: 2 minutes
According to crypto investor and market analyst Michaël van de Poppe, the altcoin market, which has a value of more than $879 billion at the time of writing, is gearing up for the next major bullish push toward the previous all-time high of about $1.2 trillion.
Van de Poppe said that Total3, the market value that tracks the total market capitalization of the entire crypto token ecosystem except Bitcoin (BTC) and Ether (ETH), is holding its critical support level around the $784 billion mark.
The Total3 market value is also climbing back toward the 365-day moving average.
In October, Total3 reached an all-time high of about $1.2 trillion, but it quickly pulled back after a historic market crash that shook digital assets, triggering a rapid sell-off and wiping out about one-third of the total altcoin market value during the fast selling wave.
After a disappointing 2025, marked by changes in crypto market dynamics and shifts in historical patterns, investors, investment participants, and analysts are trying to gauge the potential start of the next altseason, a period of sustained altcoin price growth.
Investors waited patiently in 2025, but the altseason never arrived
Typically, in the late stages of previous crypto market cycles, investors shifted their BTC gains to higher-risk altcoins, partly driven by the four-year cycle theory.
However, according to analysts, after 2025, which was disappointing and ended with a red annual candle and was a historic first for BTC in the one-year period following the halving, the four-year cycle theory became invalid.
The number of cryptocurrencies has also increased significantly. There are more than 29 million coins listed on CoinMarketCap, and all of them compete for limited investor capital and interest.
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