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TOTAL2 Meaning

TOTAL2 is a cryptocurrency market capitalization index that represents the total market cap of all cryptocurrencies excluding Bitcoin. It is commonly used by traders and analysts to assess the relative strength of the altcoin market independently of Bitcoin’s price movements.

By isolating non-Bitcoin assets, TOTAL2 provides insight into capital rotation, risk appetite, and broader market sentiment. A rising TOTAL2 relative to Bitcoin dominance often signals increased investor interest in altcoins, while declines may indicate risk-off behavior or capital flowing back into Bitcoin.

TOTAL2 is frequently used in technical analysis, particularly in conjunction with dominance metrics and TOTAL3.

It helps traders identify market cycles, altcoin seasons, and structural shifts in crypto market participation.

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