The analyst, known for his analysis of crypto currency markets, argued that a positive signal has not been seen in the Altcoin markets for five years. Techdev, in his sharing through the social media platform X, Bitcoin $117,984.00Ethereum
$3,727.11 and the Total3 index showing the market when stable crypto currencies were excluded. According to the analyst, the Total3 graph may have entered a new period of expansion by breaking a major rise formation since the end of 2020.
Historical Formation and Great Expectations in Altcoins
According to Techdev’s analysis, the mobility observed in the Altcoin market resembles a series of models previously defined by Jesse Livermore, that is, the formation of Livermore collection cylinder. In this model, prices are gradually creating higher bottoms and peaks and tends to rise. Livermore’s defined structure, this structure can lead to sudden and strong rise in a way that overflows.
The analyst argues that the Altcoin market is experiencing this process, while the current rise began after a long consolidation lasting about four years. This process is considered to open a door to an unprecedented expansion in the market.
Techdev: “Macro Altcoin expansion was triggered. It has not been seen since the end of 2020. However, this comes after a historical longest four -year stuck.”
The role of stable crypto currencies and market dynamics
Techdev states that the circulation of stable crypto currencies in the course of Altcoin markets is an important factor. According to the analyst, more stable crypto currency is considered as an element that increases the overall prices of digital assets. However, the expert states that the mobility in stable crypto currencies has been limited to temporary recovers rather than a real rise trend.
Techdev: “Most people are still unaware. This is about the launch of stable crypto currencies. When there is an increase, the crypto market rises. However, most of the past movements were short -term moves against the actual train. This will be the first real exit.”
The shared graph suggests that the stable crypto currency flow may enter an unprecedented increase trend. According to the analyst, the movements seen during the previous bull market periods are defined as short -term increases that test dynamism in the market. Now, it may be possible for the crypto market to enter a new stage and permanently differentiate the distribution of stable crypto currencies.
Possible Effect of Livermore model on subcoins
The Livermore cylinder model is known as the Megaphone Formation, which has rising in financial markets in the past. In this model, prices are fluctuating and raising both the bottoms and the hills, and in the end, rapid and sudden increases can be seen. In the analysis of Techdev, it is stated that the Altcoin market may be in this process.
Although there is no investment advice in the analyzes, it is recommended that market followers make their own evaluations and take into account the risks. Current graphics reveal that there is an obvious expansion signal in some indices, especially Total3. Although it is difficult to make a definite prediction for the next period in the crypto markets, it is implied that the movements following the long -term jaming period can have a potentially significant price rise.
All these assessments are based on various technical indicators and formation analysis. The role and distribution of stable crypto currencies in the market seems to be one of the main headings to be closely monitored in the coming period. As analysts often emphasize, closely monitoring the developments in the market may be important for individual investors and market observers.
Under the current conditions of crypto currency markets, it may be clear in the coming days whether the ready -to -make signals highlighted by analysts will turn into a real rise. Therefore, it is recommended that investors follow market movements carefully and cautiously and develop conscious approaches against possible risks and opportunities. Current technical analysis and formations continue to give a general idea about market dynamics.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.