Between February 1-3, 2025, the largest liquidation event in crypto history occurred in terms of quantity, if not proportionally.
I know, many of our friends only follow the price of their own coins/tokens, but it is difficult to make predictions about our own assets without understanding the general outlook and direction of the market and liquidity.
⭐ I also shared how BTC's bull and bear season cycles have worked in the past and therefore what we can expect until a different scenario occurs in my article below:
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BTCDOM, BTC and ETH / altcoins relation in mega bull runsBefore reading my #Altseason expectations, it may be useful to take a look at that article if you haven't looked at it before, because I will share the current state of my charts there, such as
#ETHBTC and
#BTCDOM , below and comment on the process.
👉 I quote the following directly from TOTAL analysis as is:
The biggest issue that bothered me in this decline was that
$BTC remained limited to the decline side along with the market in general and didn't wicked the lower part that I have been referring to as a garbage liquidation block for weeks. Therefore, the decline remained largely an operation on the
$ETH and
#altcoins side.Also, if
$BTC cannot break this large accumulation area that I have put in this gray box and make a new ATH, altcoins that are already suffering enough would get even worse in a movement that can be seen towards this liquidation block below. Because there is a serious percentage decrease margin here and this area does not offer good price action and cannot be considered as a serious support, and if the support here does not work, there is a deep cliff to the previous peak level. Anyway, I do not want to talk about these for now.
👉 You can view the full analysis from the link below:
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Current Outlook for the Crypto TOTAL Market Cap After The Largest Liquidation of 2025Now let's look at the general outlook. 👀
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#TOTAL2 As you know, since BTC is excluded in TOTAL2, the coin with the largest market cap, ETH, leads the way and this is one of our important indicators for all altcoins led by ETH.
In the general picture, ETH is behind other major coins, especially BTC, and this is reflected in our chart. Although the approximately 1.5-year-long upward trend that has been going on since the end of the bear season has not been broken on the weekly chart, the trend line has been wicked and worked as support and ETH and all altcoins have suffered a serious blow here due to the percentage share in between.
Currently it is at $1.22T, just above the Daily EMA 200 level of $1.20T
The green box is also a significant support level on both the weekly and daily charts.
I mentioned that in new structures and formations that will occur after deep wicks, first the 50% level of the wick, and if the decline continues, the lower end of the wick can be targeted. If such a course is seen here, although there will be no problem in terms of the trend as long as it is not under the green trend support, both ETH and altcoins will be more deeply wounded due to the serious percentage decrease margin. For this reason, in the worst case scenario, we prefer and wish that the weekly close remains above the Daily EMA 200 and the green box.
If it holds above the green box, we expect a movement towards the red box resistance, but this movement takes us to the important resistance levels I mentioned in ETH and altcoin analyses and takes us to the decision stage. The desired increases are possible by breaking the red box resistance and being permanent above it. If this scenario is to happen here, it will be a good preliminary signal to see the red box being passed with a few long candles with volume.
⭐ ETH
Although there are some situations that bother me in the ETH chart, it continues to hold above the level that we would call the most critical High Time Frame (HTF) support. I will explain this in the ETH analysis that I will share later. Stay tuned.
⭐ ETHBTC ft. BTCDOM
I have been sharing my ETHBTC and BTCDOM comparative charts on social media since the day I started writing, and I say that I will occasionally remind you of the current situation and where we are. I shared it as a reference in the article I shared at the beginning and shared my views on the cycle.
Since many people could not interpret the charts and the price action correctly, they thought that the main trend had changed with every break in the internal structures, and that BTCDOM had started to fall and the altseason had begun, and they were caught up in the FOMO of this for months.
I explained in my previous analysis that I did not expect this to happen yet and that it would be healthier to have such an expectation after both charts reached the levels I marked.
Of course, this expectation is not a rule that will be definite, but it is nice to see that it has been acting in line with my expectation so far. The only issue here is that when ETHBTC reached the target below due to ETH's weak performance, BTCDOM still could not reach my target. However, with this big drop, BTCDOM has now reached the target.
From now on, as in the same price analysis, first 50% of the wick and if it continues, the tip of the wick may be the target and from here, with the support of a positive discrepancy on the RSI side, we can observe the formation of a double bottom reversal formation in ETH and ETHBTC.
⭐ ALTSEASON Expectations
The fact that the weekly long-term trends come to these important areas exactly at the support level may be a supporter of this.
What I mean is this;
If ETH and ETHBTC are going to reverse from these levels and start the cyclical movement we expect and this will be the starting whistle of the altseason, these levels are technically in a position to allow this. If there is going to be that expectation, that start should be here, exactly here!
If such a reversal on the ETHBTC does not break above to the green box within a maximum of 1.5-2 months, if BTCDOM also rises above the upper green box and permanently closes with the daily and weekly candle bodies here, I will also be wrong and will shape all my subsequent expectations and analyses accordingly because it will mean that the cycle that has been going on for 12 years is no longer working as we statistically expect.
However, until such a scenario happens, it would be a mistake to make all plans accordingly by expecting something that has never happened before, and I will not proceed in this way.
There are developments such as market sentiment, on-chain metrics and fundamental analysis issues that support this expectation and make us feel like we are in the middle of a big move, but since the article is getting too long, I wanted to limit it to technical coverage only.
I hope that my expectations will come true and that everyone who goes through this tedious and difficult process will reach a good and profitable situation, and that the difficulties and troubles they have gone through will be worth it.
Thanks for your time.
Peace out...