Analysis: Total 3 strength signals possible altcoin season

Glassnode co-founders Yann Allemann and Jan Happel, posting through their X account Negentropic, analyzed that Total 3, which tracks the market capitalization of all cryptocurrencies excluding Bitcoin (BTC) and Ethereum (ETH), has held a key support level despite the recent decline triggered by U.S. President Donald Trump's tariff measures. While BTC dominance has reached a four-year high, Total 3 dominance has continued to rise, suggesting a potential altcoin season ahead.