True altcoin-to-BTC strength indicator

306
(CRYPTOCAP:TOTAL3-CRYPTOCAP:STABLE.C)/CRYPTOCAP:BTC

This formula strips out the noise and gives a true altcoin-to-BTC strength indicator.

STABLE.C removes all major stable coins (USDT, USDC, DAI, etc.).

The chart clearly shows previous capitulation zones and launch points for altseasons since 2017

Current formation – potential triangle:
Market makers appear to be coiling price action, forming a triangle-like structure.
This often precedes a volatile breakout — likely to the upside if history repeats.

Market psychology:
Many traders are already heavily positioned in altcoins, which suggests we could be nearing final capitulation.

Historically, altseasons never began with euphoria — but rather fear, exhaustion, and apathy.

BTC halving occurred in April 2024, and typically, the peak of the altseason follows 12 to 16 months later.

The seasonal strength of Q4, often fuels altcoin rallies.

!!! A final washout into a key support zone (on this ratio) could mark the trigger for the next major altseason — possibly starting around August 2025 !!!!!!!!

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