- Long-term charts show repeated symmetrical triangle patterns, with the latest breakout nearing multi-year highs.
- The current global crypto market cap stands at $3.72 trillion after retreating from a $4.1 trillion monthly peak.
- Altcoin Season Index at 67 shows stronger altcoin performance, while the Fear Index at 32 reflects weaker sentiment.
The total cryptocurrency market capitalization measured against the U.S. money supply is showing a major structural change. Over several cycles, the chart recorded repeating symmetrical triangle formations that preceded significant phases of expansion. The most recent breakout now places the market near multi-year highs, signaling the completion of another consolidation period.
Early Cycle Formation to the Current Market Structure
From 2015 through 2017, Javon Marks’ analysis reveals that the market traded within a symmetrical triangle pattern before pushing through resistance. This breakout initiated one of the earliest strong growth periods, driven by heavy trading momentum. The pattern set a foundation for the next large structure, which began developing after 2018.
Between 2018 and 2021, the market created a wider triangle bounded by converging trendlines. Within this phase, price action shifted repeatedly, with steep rallies and corrections unfolding inside the formation. The eventual move higher established a continued upward trajectory, reinforcing the longer-term growth cycle.
From 2022 to 2025, the chart documents consolidation inside another broad triangle. Recently, price action advanced past the upper boundary and positioned close to new highs. Trading volume concentrated near the breakout zone, marking strong participation during this stage.
Crypto Market Cap Drops to $3.72 Trillion as Fear Index Hits 32
A check on the current market overview reveals that the global cryptocurrency market capitalization stands at $3.72 trillion, with a 24-hour trading volume of $233.37 billion. Over the past 30 days, the market experienced strong upward momentum before retracing from a peak near $4.1 trillion. Current values place market capitalization closer to $3.7 trillion after a recent decline.
Source: CoinMarketCap
Bitcoin trades at $109,185 with a daily loss of 1.97%. Ethereum is valued at $3,909, down 2.3% during the same period. Binance Coin records $938.89, registering a sharper decline of 4.72%. Solana trades at $193.73, showing a 3.74% decrease, while XRP is priced at $2.7291, down 3.03%. The Fear and Greed Index reads 32, placing sentiment within the fear category after recent price declines.
The Altcoin Season Index currently stands at 67, reflecting stronger relative performance of altcoins compared to Bitcoin. Despite recent market corrections, altcoins maintain dominance based on index positioning above the 50 threshold. The CoinMarketCap 20 Index, tracking major cryptocurrencies, is valued at $235.56, showing a 2.58% daily decline. Market volatility increased after September 21, when capitalization reached its monthly high. The following days registered consistent declines, resulting in the present downturn visible in the latest chart movements.
