$TOTAL Altcoin Market Cap Has been trending up since the April lows this year.



It has been a choppy ride so far this cycle.

The bulls are trying to put in a higher low early August to get the momentum going again. This would be a good spot to bounce to keep the trend healthy.

This just shows you that even during a big run, there will be plenty of large drawdowns in between. Especially on alts.

This recent drop has been ~15% on average but many majors dropping as much as 30% since the local highs last month.

I don't want to see this drop back below those 2024 highs ($1.27T level). I think that would not make for a good look.

$SOL
{spot}(SOLUSDT)
$LTC
{spot}(LTCUSDT)
$JUP
{spot}(JUPUSDT)

#total3
RIDE4.73%
GET0.49%
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