TOTALCAP — The Next Trillion Crypto Move: Are You Ready?When people analyse the crypto market, they often default to Bitcoin and for good reason. It’s the one and only, the king. But sometimes, to see the forest instead of just the tree, you need to zoom out and study the broader picture.
That’s where the Crypto Total Market Cap (TOTALCAP) chart comes in. It’s essentially the mirror of Bitcoin, but it offers powerful macro insight — not just price, but scale. Looking at trillions instead of dollars changes how you frame support, resistance, and overall sentiment. Let’s dive in.
🧠 Why TOTALCAP Matters
TOTALCAP aggregates the value of every coin and token — the complete valuation of the entire crypto industry.
And while it often moves in sync with Bitcoin, it carries a different weight.
Shows the “big picture” of institutional and retail money flow
Offers clearly defined round-number zones (Trillions) as psychological S/R
Removes coin-specific anomalies and focuses on collective momentum
In bull and bear markets, these trillion-dollar thresholds act like major checkpoints. Watching how TOTALCAP interacts with these levels can give early signals that BTC or alts alone can’t.
Historical Key Levels & Structure
Let’s break it down by macro phases:
✅ November 2021 — Peak of Last Bull Market:
TOTALCAP peaked exactly at $3 Trillion.
This level acted as a ceiling — once hit, the market reversed sharply.
This marked the top of the 5-wave impulsive move (Elliott Wave theory).
📉 November 2022 — Bear Market Bottom:
TOTALCAP dropped below $1 Trillion, bottoming at $727 Billion.
This was almost a 0.786 fib retracement from peak — similar to BTC’s historical retracements.
The $1T mark was retested as resistance before being reclaimed as support.
📈 2023–2025 — The Bull Awakens:
$1 Trillion flipped into solid support throughout 2023.
A clear sign the macro market structure had shifted bullish.
Once $2T was breached, things moved fast.
🚀 Current State:
The market surged above the previous $3T ceiling.
TOTALCAP has hit a new ATH: $3.73 Trillion
Now, the question is: Is this the start of a new leg higher, or a bull trap before a correction?
🔍 Fibonacci Confluences — Why $3.7T Was Key
The sharp rejection at $3.7T wasn’t random. It aligns with:
1.0 Trend-Based Fib Extension: From 91.24B → 3T high → 727B low = 1.0 = 3.65T ✅ precise hit
1.272 Fib Extension of the macro move
Upper Pitchfork Resistance
Channel Top Rejection
→ All signals converged to mark that level as major resistance
🌀 Elliott Wave Macro Count
Looking at the weekly timeframe, we can see a clear impulsive 5-wave movement from the 2022 lows:
Wave 1: $727B → $1.26T
Wave 2: Correction to $975B ($1T) (support confirmed)
Wave 3: Massive rally toward $2.72T
Wave 4: Pullback toward $1.69T (VWAP retest)
Wave 5: $3.73T ATH
What does this imply?
According to classical Elliott Wave theory, after a full 5-wave move, the market tends to enter an corrective phase.
🔍 Some key levels to watch:
$3T: Historical S/R (was the 2021 top, now acting as a key level)
$2.31T: Recent swing low
$2T: Psychological and structural support
📌 Zone of Interest for Longs: $2.31T–$2T
This zone holds:
Previous consolidation zone from mid-2024
Fib retracement confluence
Likely forming Wave C bottom if this is a full ABC
🎯 Upside Targets — What If We Continue Higher?
Looking ahead:
🔸 1.618–1.666 Fib Extension = $4.42T–$4.53T
🔸 1.618 TBFE from previous cycle = ~$5.45T
📌 Rounded Targets: $4.5T, $5T and $5.5T
These are the next likely macro cycle targets — but only after a healthy correction and consolidation.
☀️ Macro Context & Summer Seasonality
Historically, summer tends to be a weaker period:
Lower volume
Institutional rebalancing
Geopolitical and macroeconomic uncertainty
📚 Educational Insight: TOTALCAP as a Tool
Treat TOTALCAP like the S&P500 of crypto.
Use round trillions as psychological levels: 1T, 2T, 3T, etc.
Always check if BTC’s price is aligned with where TOTALCAP is on the macro structure
Helps judge market strength even when BTC dominance is shifting
It’s especially useful when altcoins pump or dump out of sync with BTC — you can use TOTALCAP to track the real flow of money.
💡 Final Thoughts
We are likely in a corrective phase after a complete 5-wave cycle.
The area between $2.31T and $2T offers high-probability long entries
Watching how TOTALCAP reacts to these levels will help us anticipate the broader market’s next move
Summer slowdown could mean chop — but this also creates opportunities
💬 Let me know your thoughts: Are we entering a deeper correction? Or will TOTALCAP surprise us with a new leg higher?
Don’t forget to zoom out. The charts always tell the story.
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Elliott Wave
Time for a Rise in Oil Prices $$$When analyzing the recent movements in oil prices through the lens of Elliott Wave Theory, it appears that the current structure is completing an ABC corrective formation.
Initially, the A wave has developed as a strong upward 1-5 impulse structure.
The B wave evolved through a classic ABC correction, pushing prices down to the support area marked as (B).
Following this correction, early signals indicate the initiation of the C wave.
In this context, the technical structure suggests a potential new upward momentum in oil prices with the activation of the C wave. The target zone for the C wave should be monitored in consideration of the existing trendlines and historical resistance levels.
Nevertheless, under the current market conditions characterized by high volatility, it is critical to monitor volume and momentum indicators to confirm the C wave and ensure key support levels are maintained.
Elliot Wave Count Bitcoin - BTCElliot Wave count BTC. Last wave up could be 1st of 5th wave, but think it's a B wave, in expanded flat wave B can take on an impulsive structure and consist of five waves, allowing it to rise above the starting point of wave A. Supported by Elliot Wave count in Equity where probably wave 5 is also placed. And by latest lower high what could be start of market structure change. Invalidation above more or less 113-116k. Fib.time 0.66 gives turning point on July 6th in confluence with end of wedge. World is mega bullish with lot of fresh Longs (big-time in ETF's) waiting for overnight millions. Lets see how this count works out.
Cardano and Diametric Pattern
We are currently in wave-g of the Diamond Diametric and it could continue to 0.43.
After the completion of the Diametric, if the Double Combination pattern does not form, we expect an uptrend to form. (The post-pattern movement will show us whether the Diametric has completed or not).
Good luck
NEoWave Chart
Geopolitical Tensions & Technical Pattern Point to BTC Decline!Bitcoin ( BINANCE:BTCUSDT ) fell about -5% after tensions between Israel and Iran escalated. Unfortunately , these tensions are still escalating, but Bitcoin has managed to recover about +3% so far.
Bitcoin is moving near the Resistance zone($107,120-$105,330) and Cumulative Short Liquidation Leverage .
In terms of Elliott Wave theory , it seems that Bitcoin is completing a corrective wave . The corrective wave structure could be Contracting Triangle . In case of a sharp decline in Bitcoin again, we can consider these waves as five descending waves (if Bitcoin does NOT touch $106,600 ).
I expect Bitcoin to start declining again and at least drop to the Support zone($107,120-$105,330 ). The second Target could be the Support line and Cumulative Long Liquidation Leverage .
Note: If Bitcoin can break the Resistance zone($107,120-$105,330), we can expect further increases in Bitcoin.
Please respect each other's ideas and express them politely if you agree or disagree.
Bitcoin Analyze (BTCUSDT), 1-hour time frame.
Be sure to follow the updated ideas.
Do not forget to put a Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long on OIL amid Israel-Iran confilctFundamental trends:
Israel-Iran conflict does not seem to end soon, Israel might target iranian facilities more
Recent insights suggest US involvement which whould lead to oil price rising.
Technical trends:
Plot seems to develope an Elliot impulse wave with clear 1-3rd waves already built. This suggests the impulse wave must end with rising on 5th wave.
Conclution
Overall trends tell in favor of future oil prices rising.
What do you think about the situation? Please, leave your comments
Gold is Nearing an Important Support!!Hey Traders, in today's trading session we are monitoring XAUUSD for a buying opportunity around 3,360 zone, Gold is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 3,360 support and resistance area.
Trade safe, Joe.
Bitcoin Pushed Crypto Market Into A Higher Degree CorrectionGood morning Crypto traders! Cryptos are coming lower and we can now see a five-wave drop on Bitcoin, which indicates for a deeper, higher degree correction, so Crypto TOTAL market cap chart may stay in consolidation within an ABC correction, which can retest 3.0T – 2.8T support zone before bulls return.
Bitcoin has impulsive characteristics on 4h time frame, and we can clearly see five waves up that can send the price even higher after a pullback. Now that it’s back to all-time highs, we can see it making a higher degree ABC correction, which can take some time, and it can retrace the price back to 97k-93k support zone before a bullish continuation.
However, we may now see a temporary corrective recovery in wave B, where some ALTcoins could still be doing well, if we consider that ALTcoin dominance may start kicking in. Yesterday we shared a chart of the ratio of TOTAL3(ALTcoins) market cap against Bitcoin with ticker TOTAL3ESBTC, which shows that ALTcoins may start outperforming BTC soon. It can be finishing final subwave C of (Y) of a correction in blue wave B which may cause a new strong rally into wave C that can bring the ALTseason similar as in the beginning of 2021.
XAUUSD Elliotwaves update: Is wave 4 complete?On our previous view we were expecting a wave c to the upside that will complete wave B of higher degree. It looks like wave B is completed with an ending diagonal. Now what I am anticipating is price to drop to complete wave 4 in higher degree. However, if wave 4 is complete then the move up might be a leading diagonal for wave 1 of 5. But all in all the the current bias is to the downside and therefore to take advantage of the move to the downside one should find areas where price will find resistance for a possible sell opportunity.
GOLD → Hunting for liquidity before continued growthFX:XAUUSD has been correcting since the start of the session. The fundamental background is complicated due to the escalation of the conflict in the Middle East.
The price of gold briefly retreated from a two-month high above $3,450 amid a recovery in the dollar and investor caution. Escalating tensions between Israel and Iran are dampening risk appetite, while markets await decisions from the Fed and the Bank of Japan. Expectations of a dovish Fed continue to support interest in gold, but fresh impetus is needed for further gains.
Technically, the market is bullish. Gold is forming a correction to the key support and liquidity zone amid an uptrend. The price is within the range, and a retest of 3400 could trigger growth.
Support levels: 3408, 3400
Resistance levels: 3446, 3500
A retest of support and liquidity capture amid the current challenging situation (high interest in the metal) and a bullish trend could support the price, allowing gold to continue its growth.
Best regards, R. Linda!
BITCOIN → Buyback bar. Chance of growth to 108,000BINANCE:BTCUSDT is trading in a fairly wide range of 100,600 - 110,400. The market is stagnating due to fundamental uncertainty, but the risks of a decline are quite high...
After the escalation of the conflict in the Middle East, Bitcoin broke the bullish structure on the market and managed to test the local level of 102500, from where a fairly aggressive phase of buying out the fall began within one trading session. The market is defending the structure quite aggressively. The chart shows a local range forming with strong levels at 102500 and 106200. Accordingly, the price may remain in this range for a long time (in which case an intraday trading strategy can be considered). However, if Bitcoin starts to stick to one of the boundaries, then we can consider the price leaving the range, but based on the structure of the uptrend, correction, and the formation of a buyback bar, it would be logical to see an attempt to break through resistance with the aim of continuing growth.
Resistance levels: 106200, 108200, 110400
Support levels: 102500, 100600
On D1, there are no prerequisites for a strong decline. The market is buying up knives and trying to stay afloat (in consolidation). In the medium term, there may be an attempt to retest 102500 - 100600 due to the liquidity pool. But locally, the market may form an attempt to grow to 108200
Best regards, R. Linda!
NZDUSD → Correction and liquidity capture ahead of growthFX:NZDUSD , following a sharp decline during the Pacific-Asian session, is testing the support of the upward trend and the liquidity zone...
The dollar is correcting amid escalating tensions in the Middle East. This is a temporary move, and the market may return to its main trend. The currency pair is forming a false breakdown of support
Against the backdrop of an uptrend and a weak dollar, the currency pair is testing support at 0.6000. The reaction is weak at the moment, but there is a chance for growth if the price consolidates above 0.6020. I do not rule out a retest of the liquidity zone at 0.5989 before growth
Support levels: 0.6000, 0.5989
Resistance levels: 0.6068
The inability to continue falling and the formation of a local reversal structure relative to 0.6000 (price consolidation above 0.6020) may support the market. I do not rule out that the market may decline to the liquidity zone of 0.5989 before rising.
Best regards, R. Linda!
NEAR/USDT trade plan🧠 NEAR/USDT – Potential Wave C Setup (Elliott Wave + Fib Confluence)
📆 Timeframe: 1D | Exchange: BINANCE
🚀 Setup Overview:
We are likely entering a bullish Wave C based on the completion of an ABC corrective structure within a larger Elliott Wave pattern. The current price action has pulled back into a key "Area of Interest", aligning with multiple Fibonacci retracement levels, offering an attractive entry opportunity.
🎯 Entry Zone (Buy):
Between $2.30 – $2.35
This aligns with the 61.8% Fib retracement, a historically strong reversal level.
Also within the highlighted Area of Interest, marked by high volume and previous consolidation.
📉 Stop Loss (SL):
Set below the 78.6% retracement level: $2.07
A break below this level invalidates the ABC bullish setup.
📈 Target Zones for Wave C:
TP1: $3.70 (1.0 Fib Extension – Wave A equal to C)
TP2: $4.66 (1.618 Fib Extension – typical Wave C projection)
TP3 (Moonshot): $6.20 – $7.75 (2.618–3.618 extension for aggressive continuation)
Beyond the News: Why I Trust the Charts When Trading GoldBased on the current structure, I believe gold is in the fifth wave of a larger Elliott Wave formation. On the higher time frame, the price action appears to be contained within a channel that resembles a leading diagonal pattern—where Wave 1 is typically the longest. From this perspective, I anticipate a potential retracement to the 0.618 Fibonacci level of the most recent upward move, or a test of the lower boundary of the channel before a reversal may occur.
My trading plan involves two potential entry strategies:
Enter at the 0.618 Fib retracement with a stop-loss set near the 0.881 level.
Wait for a bounce off the lower channel, followed by a pullback and a breakout above the start of the pullback before entering the position.
While no trader can be right all the time, having a structured plan with predefined take-profit and stop-loss levels is key to effective risk management and long-term survival in the markets.
Why I Favor Technical Over Fundamental Analysis
For those wondering why I rely more on technical analysis—especially Elliott Wave Theory—over fundamental news, here’s my reasoning:
I’ve found that news and earnings-based trades often behave irrationally. A company may report strong earnings and guidance, only to see its stock sell off, fake a rally the next day, and then sell off again. Conversely, a company with poor earnings may drop ahead of the report, only to rally immediately after. These inconsistencies made it difficult to build a reliable strategy based solely on fundamental data.
Over time, I observed that despite news events, the market often completes its technical structure—such as Elliott Wave formations and Fibonacci cycles—before fully reacting to news. In these cases, fundamental developments tend to accelerate or confirm the direction already implied by the technical setup, rather than override it.
Gold is no exception. While it's common to assume that the S&P 500 (ES) and gold move in opposite directions due to risk-on/risk-off dynamics, I’ve noticed that they can trend in the same direction when their respective Elliott Wave structures align. This doesn't eliminate the inverse correlation concept entirely, but it highlights the importance of integrating technical analysis into a fundamentally driven view for more precise entries and exits.
Ultimately, I view fundamentals as the fuel, and technicals as the engine that defines the path.
USDCHF → Retesting resistance will lead to a declineFX:USDCHF , having failed to reach its global target after breaking through support, is turning back to retest the zone of interest at 0.8157. A fall in the dollar could trigger a decline in prices...
After breaking through support and falling to 0.8055, a correction is forming towards the zone of interest and liquidity at 0.8157. After reaching the local target, the price may return to the global target (liquidity zone) at 0.8042.
The dollar returned to its downward phase at the opening of the session, to which the forex market reacted accordingly. Most likely, bearish pressure may also affect the USDCHF currency pair, which continues to follow the downward trend.
Resistance levels: 0.8157
Support levels: 0.8055, 0.8042
A retest of resistance amid high volatility could form a false breakout (liquidity capture) before the decline continues within the downtrend.
Best regards, R. Linda!
NZDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring NZDUSD for a buying opportunity around 0.60000 zone, NZDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.600000 support and resistance area.
Trade safe, Joe.
AUDJPY Forming A Bullish Set-upAUDJPY is recovering very nicely after touching the 86 support level, which goes back to the 2023 low. That was clearly an important zone from there we’ve seen a sharp and impulsive bounce in the last two months, even breaking above the trendline resistance connected down from the 2024 highs. This breakout suggests that bulls may be back in control and could still drive the pair toward the 98–100 area later this year. If we get a retracement in the near term, keep an eye on the 91.70 - 90.00 zone as potential support.
GH
Dow Jones Breakout and Potential RetraceHey Traders, in the coming week we are monitoring US30 for a selling opportunity around 42,400 zone, Dow Jones was trading in an uptrend and successfully managed to break it out. Currently is in a corerction phase in which it is approaching the retrace area at 42,400 support and resistance area.
Trade safe, Joe.