We investigate the next Trudinger–Moser critical equations, $$\begin{aligned} {\left\{ \begin{array}{ll} -\Delta u=\lambda ue^{u^2+\alpha |u|^\beta }&{}\text { in }B, u=0&{}\text { on }\partial B, \end{array}\right. } \end{aligned}$$ where $$\alpha >0$$ , $$(\lambda ,\beta )\in (0,\infty )\times (0,2)$$ and $$B\subset {\mathbb {R}}^2$$ is the unit ball centered at the origin. We classify the asymptotic behavior of energy bounded sequences of radial solutions. Via the blow–up analysis and a scaling technique, we deduce the limit profile, energy, and several asymptotic formulas of concentrating solutions together with precise information of the weak limit. In particular, we obtain a new necessary condition on the amplitude of the weak limit at the concentration point. This gives a proof of the conjecture by Grossi et al. (Math Ann, to appear) in 2020 in the radial case. Moreover, in the case of $$\beta \le 1$$ , we show that any sequence carries at most one bubble. This allows a new proof of the nonexistence of low energy nodal radial solutions for $$(\lambda ,\beta )$$ in a suitable range. Lastly, we discuss several counterparts of our classification result. Especially, we prove the existence of a sequence of solutions which carries multiple bubbles and weakly converges to a sign-changing solution.