• The total crypto market cap (excluding BTC) is forming a rising triangle, testing multi-year resistance near $1.47 trillion.
• Monthly RSI shows compression below a long-term descending resistance, aligning with the tightening price structure.
• Altcoin market added $329.72B in the past 30 days, highlighting strong capital inflows despite resistance retests.

The total crypto market cap excluding Bitcoin has formed a clear ascending structure, with higher highs and higher lows dating back to 2022. At the time of reporting, the chart shows a breakout attempt from a multi-year resistance zone near $1.47 trillion, reflecting a 29% gain. 

This resistance zone had capped rallies in previous cycles, notably during the early phases of 2022 and mid-2024. However, the formation of a rising triangle against horizontal resistance suggests increased compression, with price now testing the upper boundary once again. A continuation of this pattern may define the next phase of market expansion.

Rising Structure Confirmed by Multi-Year Support Trend

The long-term chart outlines a rising base starting in mid-2022, showing consistent higher lows throughout the following years. Each market correction has maintained this trendline support. At the same time, price action has repeatedly tested the $1.47 trillion zone, creating horizontal resistance.

These two opposing levels—ascending support and static resistance—have now formed a textbook compression wedge. Previous tops in early 2022 and late 2024 failed to breach this area. However, the recent monthly candle is now trading against this resistance while respecting the ascending structure. The compression phase appears more developed, indicating maturing market strength across altcoins.

RSI Compression Tracks With Market Cap Resistance

Relative Strength Index (RSI) data adds another dimension. The RSI chart, measured on the monthly timeframe, shows a descending resistance line dating back to 2021. Notably, each cycle high failed below this descending RSI trendline. Despite multiple attempts, momentum consistently faded near the same RSI levels.

The current RSI reading sits near 63.35, close to the top of the descending RSI boundary. While still below overbought levels, this area has previously marked exhaustion phases. However, the RSI is now forming its own compression pattern as it moves toward the descending resistance line. This setup matches the tightening seen in the market cap chart.

Altcoin Valuations Accelerate With $329.72B in Added Market Cap

In the last 30 days, the crypto market cap excluding Bitcoin has grown by $329.72 billion. This gain aligns with the rising trend and suggests broader capital rotation into altcoins. Notably, this surge continues within the wedge pattern and reflects sustained demand.

The chart’s structure—combined with RSI momentum—shows the altcoin segment reaching a technical inflection. Market participants are closely monitoring this breakout attempt as total valuations retest multi-year resistance levels.