TOTAL3 just hit a critical swing low that could completely flip the script on the 4-year cycle narrative. If this level breaks, we're looking at a shift away from the traditional crypto cycle and toward something more aligned with broader business cycles.

What's interesting here? The current structure suggests we might be witnessing a fundamental change in how altcoin markets behave. That swing low isn't just another dip—it's the line between two very different market frameworks.

Next stop if we bounce? 1.5 trillion. That's the zone where I'd expect some serious consolidation before any continuation. Not saying it's guaranteed, but the setup is there.

The bigger question: are we still following the old playbook, or is crypto finally maturing into something that moves with traditional economic cycles? This swing low might just give us the answer.