This Simple Indicator Says We’re So Early — TradingView News
Weiss Crypto, a cryptocurrency analysis agency and ranking platform, highlights the terrible underperformance of TOTAL3, the biggest altcoin cap indicator. To mirror previous rallies, it still needs to surge by orders of magnitude, even given current prices.
This bull run’s upside is massive, indicator says
TOTAL3, an indicator of the aggregated capitalization of all cryptocurrencies, excluding Bitcoin 
BTCUSD and Ethereum 
ETHUSD, is significantly lagging compared to previous bullish cycles. Today, it is only up by 150%, while Bitcoin BTCUSD already set an array of price records in this run.
During previous bull cycles, the metric exceeded 4,000%, which indicated the full recovery of the altcoin market and the ending of the growth phase.
The…
