Pundit: You May Not Realize What’s Coming, But You Will Soon

TimesTabloid
BTC3,02%

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Vandell, co-founder of Black Swan Capitalist, shared a TradingView chart of TOTAL2, which measures the market capitalization of all cryptocurrencies excluding Bitcoin.

It presents a repeating structure where each consolidation phase is followed by a breakout, establishing a new higher range. Vandell’s message implies that the market is preparing for another move of this nature.

Details of the chart

The chart highlights three distinct consolidation phases, each represented within shaded boxes capped by orange horizontal resistance lines. Each time the market breaks through one of these levels, a green arrow is placed to mark the breakout point.

The sequence shows the market repeatedly moving from periods of stagnation into higher value ranges, establishing a pattern that Vandell suggests may repeat once again.

The most recent portion of the chart displays TOTAL2 at 1.55 trillion, with a sharp increase of 172.02 billion, representing a 12.44% gain. A new shaded box is placed above the current level, suggesting a projected area for the next consolidation zone at a significantly higher valuation. The structure reinforces Vandell’s outlook that the altcoin market may be approaching another substantial upward move.

Responses to the post

Vandell’s post and chart rely on a technical structure, emphasizing recurring consolidation and breakout cycles within TOTAL2. The message is framed around the argument that history shows a repeating pattern, and that the current positioning suggests another upward leg may soon take place.

However, the community responses illustrate that interpretations vary, with some questioning whether the pattern will continue in its current form and others suggesting that new dynamics, such as Wall Street participation, could reshape outcomes.

The post from Vandell presents a clear technical case for a significant move in the TOTAL2 market cap.

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