Marina Lyubimova
⬤ The crypto market is displaying an intriguing long-term setup as altcoins carve out a large cup pattern after years of sideways movement. Altcoins have been quietly building a foundation through multiple retests that held firm throughout this cycle. The chart reveals a rounded recovery taking shape since the 2021 peak, with prices now climbing toward the upper edge of this formation.
⬤ The data paints a clear picture: altcoins took a significant hit before finding their footing and slowly clawing back over several years. This rounded base isn't about wild swings—it's about steady accumulation happening beneath the surface. As the recovery unfolded, pullbacks stayed relatively contained, hinting that selling pressure gradually lost steam while the structure matured. Momentum seems to be quietly building as prices continue pushing higher within this broader pattern.
The prolonged period of consolidation followed by improving momentum can influence broader market sentiment and trading dynamics.
⬤ Near the top of this larger structure, there's a smaller consolidation zone—what traders often call the handle. This phase shows tighter price movement and calmer volatility compared to earlier in the cycle. Recent dips have respected rising support levels, which reinforces the pattern's strength even as prices hover just beneath a major resistance area.
⬤ Multi-year base patterns like this often signal important turning points in crypto. When markets spend extended periods consolidating before showing renewed strength, it can shift the entire trading landscape and market psychology. While there's no confirmed breakout yet, this setup explains why many are watching altcoins closely right now—prices are coiling near long-term resistance, and the structure suggests something significant could be brewing.
Marina Lyubimova
