The TOTAL crycpto market cap has been in this 1.5 to 1.7T range before and has shown these lines to be both support and resistance. The big question is the market cap going to find support at 1.7T and then head upwards, or will it find resistance at 1.5T and head downwards.
This is a neutral post as I am unsure at the moment, but trying to see where the total crypto market takes support or resistance is a good starting point for me.
Best of luck out there.
John