Cryptocurrency Data Analyst CyrilXBT expressed his views on the X platform, stating that the TOTAL3 chart (representing the total market capitalization of all alternative tokens) is crucial for understanding market cycles. His data analysis is based on years of trend charts that have consistently maintained a stable upward trend line. In his opinion, as long as this trend line remains intact, the current correction phase in the altcoin market is more likely to be a bottoming and consolidation process rather than the true end of the cycle. This suggests that, from a data perspective, an expansion period for the altcoin market may still be on the horizon, and investors should closely monitor the performance of the TOTAL3 trend line.

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