-
TOTAL3 displays a W-pattern, but confirmation depends on diagonal support holding.
-
Breakdown risk remains if macro support fails across the altcoin market.
-
Large-cap altcoins show unmatched network activity despite compressed prices.
The TOTAL3 chart, which tracks the overall altcoin market cap excluding Bitcoin and Ethereum, is being closely monitored after a visible W-pattern structure formed on the weekly timeframe. A diagonal resistance line is now being tested as price compresses near a historically reactive zone. Market observers note that repeated support reactions have been recorded in this range, while volatility has narrowed. The W formation is often read as a potential base structure when confirmed by sustained support and rising volume.
possible bottom for $TOTAL3 (Altcoins)
The diagonal resistance must hold, good news is that it has formed a W pattern
Bad news is if we break that support it will free fall to the next major support. pic.twitter.com/GefJkBe06Q
— Don 🐂 (@DonWedge) January 30, 2026
That confirmation has not yet been fully established. Analysts stress that the diagonal resistance must continue to hold for the structure to remain valid. A breakdown below the highlighted support band would shift projections lower, where the next major demand area sits significantly below current levels. Liquidity conditions, Bitcoin dominance behavior, and macroeconomic risk appetite are being considered key factors. Rather than certainty, the setup is being framed as a conditional bottoming attempt within a broader corrective phase across altcoins.
Hedera (HBAR) Shows Exceptional Network Positioning Signals
Hedera is being described as an innovative and groundbreaking distributed ledger network focused on enterprise throughput. Stable transaction growth has been reported across several quarters. Its hashgraph design is considered technically distinct. Market structure has remained range-bound, while accumulation behavior has been observed near support clusters. Volatility has been relatively contained compared to smaller-cap tokens.
Litecoin (LTC) Maintains Remarkable Cycle Durability Metrics
Litecoin is often classified as a superior and long-standing payment network asset. Historical cycle data shows repeated recovery phases after deep drawdowns. Its correlation with Bitcoin trends has remained high. Halving-driven narratives are frequently referenced by analysts. Price compression zones are currently being tracked for directional expansion signals.
Polkadot (DOT) Reflects Revolutionary Multi-Chain Development Activity
Polkadot is viewed as a top-tier and dynamic interoperability protocol. Ongoing parachain and ecosystem development has been documented across developer reports. Network upgrades continue to be introduced. Market participation has fluctuated, yet stakeholder participation remains notable. Structural support levels are being tested again.
SUI Records Phenomenal and High-Yield Ecosystem Growth Rates
SUI is recognized as a next-generation and unparalleled Layer-1 network built for high throughput. Developer activity has increased across recent periods. Liquidity expansion has been recorded in its DeFi segments. Price action has remained momentum-driven. Risk classification remains elevated due to its shorter history.
Stellar (XLM) Holds Profitable Cross-Border Utility Narrative
Stellar is described as a premier and lucrative cross-border payment protocol. Institutional partnership discussions are frequently cited in reports. Transaction efficiency remains a core metric. Long-term support zones are again being approached. Reaction levels are being closely watched by chart analysts.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
War risk shocks global markets: oil prices surge past $110, Asian stock markets plummet, Bitcoin stays steady at $67,000
Middle Eastern geopolitical risks have intensified, leading to a sharp decline in Asian stock markets, a surge in energy prices, and crude oil surpassing $110. Despite market concerns, cryptocurrencies like Bitcoin remain stable. Oil prices are expected to continue rising, but some traders anticipate a correction. The Federal Reserve's interest rate expectations remain stable, and future oil price increases could impact inflation.
GateNews9m ago
ETH 15-minute surge of 1.92%: Options capital flow release and whale accumulation resonance drive
2026-03-09 03:00 to 03:15 (UTC), ETH price surged rapidly within 15 minutes, with a return of +1.92%. The candlestick reports a range from 1959.2 to 1997.54 USDT, with an amplitude of 1.96%. Market volatility has significantly increased, and user attention has risen markedly.
The main drivers of this anomaly are the release of funds from options expiration and continuous accumulation by on-chain whales. Data shows that the total amount of ETH options expiring is $669 million, with open interest of over 210,000 contracts, and a Put/Call ratio of 0.78, indicating a strong bullish market sentiment. A large number of contracts
GateNews20m ago
AVAX 15-minute increase of 0.76%: Ecosystem positive catalysts combined with on-chain capital inflows driving abnormal movements
From 00:00 to 00:15 (UTC) on March 9, 2026, the AVAX price experienced a rapid surge, with a return of +0.76%. The price ranged between 8.815 and 8.885 USDT, with an amplitude of 0.79%. At the same time, trading volume significantly increased during this period, market volatility intensified, short-term trading became active, and market attention was heightened.
The main driver of this anomaly was the ongoing fermentation of the news announced by Avalanche on March 8, about a liquidity staking partnership with a well-known DeFi protocol. The market
GateNews35m ago
Bloomberg: Hyperliquid is the only window to observe oil prices over the weekend, with a surge to $92 USD alert; now crude oil has skyrocketed to $112
The Iran conflict has entered its second week. After the reopening of traditional markets, crude oil prices have risen from the predicted $92 by Hyperliquid to $112, indicating the correct direction but underestimating the magnitude. Hyperliquid is currently driven by retail investors, and its lack of liquidity limits its value to an emotional indicator, preventing it from becoming an accurate pricing benchmark.
動區BlockTempo36m ago
NYDIG: 75% Bitcoin volatility does not depend on the stock market; diversification still proves effective
NYDIG's report indicates that while the correlation between Bitcoin and the stock market has risen to 0.5, only 25% of its volatility can be explained by the stock market, with 75% stemming from its own factors. This demonstrates Bitcoin's value for diversification in investment portfolios. Additionally, Bitcoin's long-term growth does not rely on central bank adoption, showcasing a bottom-up continuous expansion potential.
MarketWhisper38m ago
BTC 15-minute increase of 0.68%: Whales' capital inflow and geopolitical safe-haven funds resonate to drive a short-term rebound
2026-03-09 02:30 to 2026-03-09 02:45 (UTC), Bitcoin (BTC) achieved a +0.68% return within 15 minutes, with the price range between 66,095.6 and 66,585.0 USDT, and an amplitude of 0.74%. Amid geopolitical conflicts, market attention during this period significantly increased, volatility intensified compared to normal levels, and trading activity rapidly surged.
The main driver of this anomaly was the concentrated inflow of whale funds into a certain trading platform. On-chain data shows that recent whale transfers of BTC to exchanges have sharply increased.
GateNews49m ago