🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Altcoin Market Climbs Back to 2021 High: Here’s Why Analysts Are Watching This Resistance Zone
Analyst shows altcoins remain technically bullish despite no visible upward momentum in trading activity.
The altcoin market has reached a resistance level tied to past altseason events in 2019–2021.
The 2025 setup mirrors previous cycle tops, with potential for sharp movement and possible retracement after resistance test.
Altcoin performance remains subdued despite multiple bullish signals appearing across the broader crypto market. Recent data shows that several assets continue to hold structural patterns typically associated with upcoming upward movements. However, visible momentum has yet to follow these indicators.
Market May React Abruptly to Latent Conditions
Although price action remains flat, Javon Marks' analysis indicates that the presence of supportive technical conditions points to possible upcoming changes. Historically, shifts in altcoin trends have occurred without early signs in visible trading activity. This pattern may apply to the current environment, where many assets appear stable but technically positioned for volatility.
Traders are monitoring the market for any movement confirming the signals already recorded. Until then, altcoins remain quiet across most trading pairs. As of now, no strong directional shift has emerged. However, the alignment of technical indicators has created conditions where rapid change remains possible without advance warning.
Altcoin Market Reaches Historical Resistance Zone Ahead of Possible 2025 Movement
In another analysis prepared by Moustache that displays long-term price action of the total crypto market excluding Bitcoin, covering 2018 to 2025. It can be seen that a horizontal resistance line, marked in black, is touched four separate times, in 2019, 2020, 2021, and now again in 2025. Each of the earlier touches preceded strong movements in altcoin markets.
Source: Moustache (X)
In 2019 and 2020, mini altseasons followed contact with the resistance level. The 2021 contact preceded a more pronounced altseason. Each occurrence resulted in a distinct increase in altcoin market activity. These patterns are marked in yellow, corresponding with sharp upward movements in altcoin performance.
In 2025, the market has again reached the same resistance zone. Price data shows a multi-year climb from the 2022 lows back to this level. Recent candles indicate a slowing momentum near the resistance, followed by the start of a downtrend. The highlighted section for 2025 shows a projected altseason event, indicating a potential corrective phase afterward.
Resistance Level Maintains Technical Significance Over Time
The resistance line has held firm for over four years, confirming its relevance as a structural boundary. Each historical interaction at this level resulted in increased volatility across the altcoin market. The chart shows a recurring relationship between resistance contact and the onset of significant altcoin price action.
The current chart formation matches the conditions that triggered altseason movements in previous cycles. While no breakout is confirmed, the pattern remains consistent with past cycle behaviors. If followed, a notable altseason may form, followed by a potential retracement. The chart reflects repeated structural behavior aligned with long-term altcoin performance cycles.