Crypto Analyst: Altcoin Charts Flash Rare 2021-Style Breakout Setup

Crypto analyst Kevin (Kev Capital TA) argues that altcoins are replaying the same structural script that preceded the 2021 “altseason,” this time on the ratio of the altcoin market cap excluding Ethereum and stablecoins versus Bitcoin (often proxied as “Total3/BTC”). In a video posted late on September 2, he contends that confluence across weekly and monthly timeframes—on both linear and logarithmic scales—shows a Wyckoff-style bottoming process culminating in a “spring” and range reclaim, with momentum and breadth indicators lining up the way they did ahead of the 2021 surge. Altcoins Gear Up For Major Run Kevin frames the current moment as a direct analogue to the last cycle’s transition from despair to acceleration, emphasizing that the structure, not headlines, came first then as now. “We are seeing weekly time frame, monthly time frame historical setups,” he said, adding that the weekly linear chart of Total3/BTC has retraced into an accumulation range, pierced support in a capitulation-style flush, and then reclaimed the range—what he calls a “spring phase” that “led to the 2021 alt season source: https://www.newsbtc.com/news/crypto-altcoin-charts-rare-2021-style-breakout-setup/