Altcoins led the crypto market higher after the U.S. Supreme Court ruled 6-3 that President Trump’s global tariffs were illegal. In the last 24 hours, BNB, DOGE, ADA, and SOL each gained 3% to 4%, while Bitcoin was largely unchanged. The total crypto market added 1.39%, reaching $2.33 trillion.
The move was driven by rotation rather than broad selling of BTC. Bitcoin dominance held at 58.27%, suggesting traders were not exiting Bitcoin outright but shifting capital into tokens seen as having stronger short-term upside. Blockchain advisor Anndy Lian said the outperformance came from internal crypto-market momentum that traditional markets cannot replicate.
Others/BTC MACD crossover returns to focus
Crypto analyst Dan Gambardello pointed to a chart setup on the Others/BTC pair. The MACD has crossed above the signal line, and two green histogram bars have formed. He noted that the same signal appeared before the altcoin booms of 2017 and 2020.
According to the report, those earlier signals arrived as PMI expansion was starting. It also said quantitative tightening ended on December 1, 2025, with PMI expansion now close again. Gambardello described the setup as the trigger behind prior altcoin bull phases.
Extreme fear remains even as prices rise
Sentiment has not caught up with price action. The Fear and Greed Index stands at just 14, deep in extreme fear territory, yet the market is moving higher. Lian said that gap between sentiment and price suggests a large amount of pessimism may already be priced in, leaving room for upside surprises.
$2.35 trillion becomes the next level to test
The total crypto market cap is now testing the 78.6% Fibonacci retracement at $2.35 trillion. A daily close above that level would point to a short-term trend reversal. If the market is rejected there, the report said prices could slide back toward the monthly low near $2.17 trillion.
Traders are also watching regulation. The Clarity Act faces a White House-set deadline of March 1, and Ripple CEO Brad Garlinghouse said there is a 90% chance it passes by the end of April. If that happens, the report said it could open the door for institutional capital that has stayed on the sidelines while waiting for clearer rules around altcoins.