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Bitcoin (BTC) is forming a macro bottom amid short-term volatility. At the same time, major altcoins are reaching technical threshold levels for entry into a historic bull market, signaling a potential shift in the market landscape.

On March 13 (local time), cryptocurrency analyst Dan Gambardello stated in a video uploaded to his YouTube channel that an analysis of the total market capitalization chart excluding Bitcoin suggests the formation of a macro cycle bottom and the possibility of a bullish reversal. Gambardello emphasized that because Bitcoin’s price risks repeating past false breakout patterns, confirmation through macro indicators should take precedence over short-term optimism.

Ethereum (ETH) is projected to reach a target above $10,000 in the next bull market. Key indicators for entering a bullish phase include holding above the 20-month moving average at $2,800 and the 50-month moving average at $2,500. Gambardello noted that if Ethereum closes a candle above this range, it could unleash strong buying momentum similar to the early stages of previous bull cycles.

For Cardano (ADA), a breakout above the 20-month moving average of $0.58 was identified as a decisive turning point for a return to a bull market. He also analyzed that institutional tailwinds, such as the proposed U.S. crypto market structure bill, could sharply reverse market sentiment. In the case of SUI, breaking through the resistance zone between $1.15 and $1.52—where the 20-day and 50-day moving averages lie on the three-day chart—is expected to signal the start of a full-scale uptrend.

For XRP, entry into the expansion phase of the Purchasing Managers’ Index (PMI), which reflects the business cycle, was highlighted as a key factor supporting a major rally. Gambardello advised that rather than simply following past chart patterns, investors should comprehensively consider the global economic environment and PMI expansion trends. He added, “The shift in market sentiment from ‘game over’ to ‘we’re back’ happens in an instant, and bottom formation can conclude faster than expected.”

The digital asset market is currently in the process of forming a macro bottom, and patience is required until each asset reaches its respective bullish confirmation level. A significant capital rotation is expected to gain momentum when Bitcoin stabilizes and altcoins break through key technical resistance levels simultaneously.

Disclaimer: This article is for investment reference purposes only and we are not responsible for any investment losses incurred based on it. The content should be interpreted for informational purposes only.

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