To Pepe or not to Pepe?Pepe is more than a coin. Watch ‘Feels Good Man’ to understand what is behind the meme. Alt-right politics, incel troll haters and Russian interference; the YAP in chief was elected President in Kekistan. Saving Pepe from Alt-right’s usurpation is not a joke. Working on having the meme coin logo change to a Matt Furie freindly iconography. DCA and diamond hand holding my portfolio. OMS P.S. Pepe coin itself is not in the chart (it's Next-gen's secret ingredient here).Longby Operation_Morning_Star0
TOTAL MCThe market capitalization is attempting to break the resistance of the weekly 50 EMA. If the resistance level holds, the price will decline towards the lower boundary of the channel and the weekly 200 EMA and 200 SMA. A breakthrough of the 50 EMA will propel the market capitalization towards the upper boundary of the channel.by PUMPmaps2
Total Market cap daily wave countingAs it is clear in the chart, a 5-wave impulse structure has been created, probably this 5-wave structure is either wave A or wave 1 of a larger structure. So now we need the market to complete wave B or 2 and enter correction. With time analysis calculations, the possible time levels of price return are: 8 Jun 25 Jun 12 Jul 4 Aug 5 Sep Also, using the Fibonacci retracement, our possible price levels for the retracement end are: 1.022 B 958.50 B 900 B In addition, with the formation of the head and shoulder pattern, the main target of the head and shoulder pattern overlaps with the second target of Fibonacci, i.e. 958.5 B, so this range is very important for reversal and support.Shortby KhaniTechnical1118
Crypto total market cap and SP500SP 500 and total crypto market cap shows the trend of the crypto industry and the stock market by Analyz-Ed1
MARKETS week ahead: May 14 – 20Last week in the news The US debt ceiling was in the focus of the markets and news during the previous week. A potential default of the US government to meet some of its obligations would have serious consequences on the US economy, and the rest of the world. At the same time, the US equities were closed lower on Friday, following weaker than expected consumer confidence data. The crypto market was also traded at lower grounds, with Bitcoin ending the week at level of $26.8K, while Ether is holding above $1.8K. During the previous week, the G-7 meeting of most developed countries in the world was held. Aside from globally elevated inflation, one of the main topics was the potential of the US to default on some of its obligations in the coming period, in case that debt ceiling is not increased. The US Treasury Secretary, Janet Yellen, noted in her statement, that we are just weeks away from the first US-debt default, but she is hopeful that some solution for this situation would eventually emerge. At the same time, the White House and congressional leaders meeting, scheduled for Friday, was postponed. The main topic of this meeting should have been the debt ceiling. The Congressional Budget Office said on Friday that increased revenues from taxes collected in June would most probably help the US Government not to default in June, but they were unable to say the same for July. The US equity markets fell on Friday, after reporting weaker than expected consumer sentiment results. The University of Michigan's consumer sentiment fell to the level of 57.7, which is the lowest level of this indicator for the last six months. Adding to it the news about potential US debt default, it increased markets fears over forthcoming recession in the US. Binance, one of the largest crypto exchanges, announced that the company will cease operations in Canada, amid a “challenging” regulatory environment. The company tweeted that “new guidance related to stablecoins and investor limits” in Canada are not anymore “tenable” for this exchanger. The main issue with these new regulations is that purchase or deposits in stablecoins would require prior CSA`s approval, which requires taught due-diligence checks. The Ethereum network experienced an outage on Thursday, when transactions could not be confirmed for 25 minutes. There was a high risk for users of the chain to be altered due to this malfunction. Although developers are investigating the cause of this outage, still, no official information has been provided. Coindesk is reporting that House Democrats are considering issuing a bill on stablecoins, which seems to differ from the one that Republicans are in process of drafting. The Democrats are of the opinion that the Federal Reserve should have a power of veto when it comes to the registration of stablecoins and that special attention should be paid on protection of consumers. Crypto market cap The crypto market continued with a correction trend during the previous week. Although there is a lot of doubt among investors over potential US debt default and decreased consumer sentiment, which supports fears over potential recession in the coming period, still, at this moment there is actually nothing which could support the crypto market. The pull-out of bank deposits decreased during the last few weeks, and obviously, at this moment, these deposits are not ending in the crypto market. Charts were pointing to this correction, so the market needs to exhaust itself, before it starts a new round to the upside. Total crypto market capitalization decreased by 6% or FWB:70B during the previous week. Around 80% of this drop was led by the major coins on the crypto market. Total crypto market capitalization continues to hold modestly above $1 trillion. Daily trading volumes were also down, from $72B a two weeks before to $56B on daily basis during the previous week. This might be a positive indicator that the market is slowly drying the latest move to the downside. Total crypto market capitalization increase since the beginning of this year modestly dropped to 44%, where it has added a total $330B to the market cap. A drop in crypto market cap during the previous week was led by major coins on the market. BTC, ETH and BNB participate with 80% in a market cap drop of $70B. BTC, the major coin lost around 7.5% in market cap, erasing $42B from its value. ETH followed with a lower drop of 4% on a weekly basis or more than $9B. BNB also took a downside, with a drop in value of 4.5% or $2.3B. XRP was another coin with a drop in value above $1B, where it has lost $1.7B or 7.5% on a weekly basis. It was interesting that Polygon was also among coins with a large drop in value in nominal terms, since it lost $1.2B or 13.6% in the market cap. This is not usually seen in nominal terms. Coins with some of the largest drops in relative terms were OMG Network, with a drop in value of 28.5% w/w, Filecoin was down by 15%, EOS decreased its value by 12% and DASH by almost 12%. The only coin which gained during the week was Tether, which increased value of circulating coins by 0.9%. There has been also developments with increased number of circulating coins of Ether by 2.1% w/w. Crypto futures market Developments from the spot market were also reflected on the prices of the crypto futures. BTC short term futures were closed at Friday`s trading at prices which were lower by 11% from the end of the previous week. At the same time, lower drop was with longer-term futures, which were down by more than 7% w/w. The price of futures maturing in December this year was closed at FWB:27K , while those maturing in December next year were closed at $28.3K. ETH short term futures were trading by almost 11% lower from the week before, while longer ones were down by almost 5% w/w. ETH futures maturing in December 2023 were closed on Friday at price of $1.807, while those maturing a year later were closed at price of $1.858. by XBTFX119
Broader Total Crypto Market StructureI know we are going to 0 with haste, but I thought it may be beneficial to just zoom out. If we distill the crypto market structure into a binary bullish or bearish framework, I think we can better analyze whether we should buy the dip or not. When bullish, TOTAL1 should form a series of higher highs and higher lows. When bearish, TOTAL1 should form a series of lower highs and lower lows. Bullish from March '20 to April '21, Bearish from April '21 to July '21, Bullish from July '21 to November '21, Bearish from November '21 to December '22, and Bullish from December '22 to now. The only question that remains is whether we are in the process of another higher low in a bullish market structure. It feels like consensus is that this 4-month pump to begin the year is about wrapped up, but max pain may imply a continued grind up would leave most market participants shorting/sidelined. For this reason, I suggest that we are in the process of forming a macro higher low and if successful, could see another higher high for BTC in before july. Comments/Questions are enjoyed. Longby samfanderson15972
a bearish draftI drew that the other day with no intention of publishing it but well.. recent events make me do it now They will be bounces but I feel mostly bearish about the market into the coming months : - crypto is still considered as risky - recent Terra events are just crazy bad - no one wants to buy crypto now, unless he is a full degenerate - industry is still WAY too young to provide robust value to other sectors of the economy Most projects are over-inflated and will die. Same with Play2Earn... a few will survive, stay on the watch for those Keep safeby CRYPTODOTIDEASUpdated 2
TOTAL 5% correction SaturdayMy prefered calculation is that Saturday's correction will up to 5%Shortby salgssjefUpdated 5
The market will begin recovering soonThe market is still in a bearish trend. However, the BEAR cycle will soon be over. Keep an eye on the 1000x indicator. Wait for the green zone to go long with your fav coins and tokens!Longby IvanKvHere7
Market Capitalization and Price Volatility in CryptocurrenciesIntroduction The cryptocurrency market has grown substantially in recent years, not just in terms of its size, but also in terms of its complexity and the variety of investment options available. One of the key aspects that investors consider when evaluating potential investments is the market capitalization of a cryptocurrency, which is calculated by multiplying the total supply of the cryptocurrency by its current price. Another important aspect is price volatility, which refers to the degree of variation in the price of a financial instrument over time. The relationship between these two factors - market capitalization and price volatility - forms the basis of this article. Understanding Market Capitalization and Price Volatility Market capitalization provides an indication of the size and scale of a cryptocurrency, and it is a useful measure for comparing different cryptocurrencies. Larger market-cap cryptocurrencies, like Bitcoin and Ethereum, have established a significant presence in the market and are generally considered more stable. On the other hand, smaller market cap cryptocurrencies, often referred to as 'altcoins', have the potential for high returns but come with a higher risk. Price volatility, on the other hand, is a measure of price fluctuations over a given period. High volatility means that a cryptocurrency's price can change rapidly in a short time, making it possible for investors to experience significant gains or losses. Cryptocurrencies are generally more volatile than traditional fiat currencies, which means that the potential for gains or losses can be high. The Correlation Between Market Capitalization and Price Volatility Existing literature and market analysis suggests that there is a negative correlation between market capitalization and price volatility in cryptocurrencies, meaning that cryptocurrencies with larger market caps tend to have lower volatility and vice versa. This makes intuitive sense, as larger market cap cryptocurrencies have a wider user base and more liquidity, which helps stabilize their prices. For instance, Bitcoin, which has the largest market cap, has relatively lower volatility compared to smaller market cap cryptocurrencies. This lower volatility is due to the fact that Bitcoin, being the most established cryptocurrency, has a wider distribution and a large number of holders, which helps in maintaining its price stability. Conversely, smaller market cap cryptocurrencies are more susceptible to price swings, often driven by speculation and sentiment rather than fundamental value. These cryptocurrencies can exhibit high volatility, leading to potential for large gains, but also high risk. Implications for Investors and the Market Understanding the relationship between market capitalization and price volatility is crucial for investors in the cryptocurrency market. It can help them tailor their investment strategies based on their risk tolerance. For instance, risk-averse investors might opt for larger market cap cryptocurrencies due to their lower volatility, while risk-tolerant investors might be attracted to smaller market cap cryptocurrencies due to their potential for high returns. Furthermore, this relationship has implications for the stability and maturity of the cryptocurrency market as a whole. As the market matures and more capital flows into it, it is likely that overall volatility will decrease, making cryptocurrencies a more viable asset class for traditional investors. Conclusion The relationship between market capitalization and price volatility in cryptocurrencies is a key dynamic that has important implications for investors and the market as a whole. As the market continues to evolve and mature, it will be interesting to observe how this relationship changes and what that means for the future of cryptocurrency investing. Trade with care. If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups.Educationby financialflagship6
#Total Market cap #crypto #bitcoincrypto market on the board and this level is very import for crypto market, regarding to movement of the candle and chart the plan A is more possible. not financial adviceby saminsalehi851
Jared From Subway 0.382 Sandwich Total Market Cap is consolidating between two significant fibonacci levels here. 0.382% from Macro High Pivot to Low Pivt 0.382% from April 2022 High Pivot (from the bear flag) to Low Pivot. As you can also see, above head resistance confluence of the fib speed fan 0.382 and Value Area High. For support confluence we have the VWAP from the same April 2022 Pivot. Not much to comment about aside from price is likely to expand very soon. My bias is up, given we are riding around pretty strong support here (not just VWAP + 382, but you can see the chart history that we are battling with the level below.Longby TheTraderAndy2
TOTAL 1DWe can see the total index chart in daily time Currently, it has reached the bottom of its channel My expectation is that the price will support in this area and move upwards If the channel is broken, I showed with an arrow how far the movement will continue.by reztbtb2
TOTAL CRYPTOCAP 35% LongFrom previous low 1,1 T i am expectiong 45% UP The lowest target is bottom of yellow box, highest target is top of yellow box Stop is a white lineLongby salgssjefUpdated 2
CRYPTO week ahead: May 7 – 13Last week in the news Previous week was marked with both FED`s and ECB`s further increase of interest rates, while fears of potential failures of the US banks continued to be the main topic among analysts and investors. The US equity market continues to be supported by posted earnings figures. Bitcoin is ending the week struggling below FWB:29K , while Ether manages to hold the $1.9K level. FED increased for one more time its benchmark interest rates by another 25 bps, bringing the funds rate to the level of 5% - 5.25%. Such a move was expected by markets. In a speech after the FOMC meeting, Fed Chair Powell gave several points on how currently FED officials are perceiving the state of the US economy. The FED still perceives the labor market as quite strong, and it points that potential recession in the coming period might be avoided. When it comes to the question of potential halt of further raise of interest rates, Powell noted that further rate hikes will depend on the developments in the US economy, and the question will be addressed on each FOMC meeting, but any kind of a general decision on a pause on hikes has not been made on the meeting. At the same time, he noted that it is too soon to discuss any potential rate cut. During the previous week, JPMorgan acquired troubled First Republic bank. This acquisition was also commented by the Fed Chair Powell, on a press conference, when he called it an “exception” as from the policy point of view, it is not good when “largest banks doing big acquisitions”. As news is reporting, there is again a new push of a meme-mania on the market. It is supported by the creation of a new token, a SpongeBob (SPONGE). The new coin was released on Thursday and during the first few days of trading, its price has increased by an incredible 600%. At the same time, Pepecoin (PEPE) surged by more than 120% within the last 24 hours. Analysts are noting that this newly emerged meme-mania is strongly supporting the price of ETH, however, less coins are in circulation since more ETH`s is burned in order to support memes. After posting better than estimated earnings for the first quarter, shares of the Coinbase (COIN) surged by 17%. Analysts perceive it as a positive sign that the crypto is gaining back its ground, however, they are noting challenges coming from an uncertain regulatory environment when the crypto industry is in question. Coindesk is reporting that French BNP Paribas (BNP) will enable their clients in China functionality to link their digital Yuan, or e-CNY, wallets to their bank accounts held with this bank. The connection will be established through the Bank of China`s system, which is one of the eight banks authorized for this type of operation. Crypto market cap Major news during the previous week was FED`s further rate increase by 25 bps. Fed Chair Powell held a conference after the FOMC meeting, revealing a few important topics, which are currently preoccupying the market. First note is related to market expectations that the Fed will start to cut interest rates in order to avoid further banking collapses in the US. Powell noted that such a move should not be expected in the coming period. Secondly, he noted that macroeconomic conditions will be reviewed at every FOMC meeting, based on which the decision will be made whether the Fed will halt further interest rate increases. His rhetoric is signaling to the market that there is still some potential for further hikes, but at least, there is some indication that the Fed might be peaking with rates soon. Since their target is inflation of 2%, it should not be expected that rate hikes will be stopped just for the sake of the banking industry. JPMorgan acquired last week troubling First Republic bank, however, the list of US banks with problems is large, so more acquisitions are quite possible in the future. Total crypto market capitalization was modestly decreased on a weekly basis, by 1%, where a total $9B was wiped from the market. Coins were traded in a mixed manner. Daily trading volumes remained flat during the week, around $72B on a daily basis. Total crypto market capitalization increase since the beginning of this year currently stands at 53%, where it has added a total $400B to the market cap. Total crypto market capitalization decreased by $9B during the week, out of which $4.8B was driven by decrease in value of BTC on a weekly basis. BTC modestly dropped by 0.85% w/w. ETH remained relatively flat, but in a positive territory, supported by the new meme-mania on the market. XRP had a modest drop in value, of some 3.7%, where the coin lost less than $1B in total cap. In a relative terms, some of coins with the highest drop in price during the week were DASH with a drop of 10.5% w/w, NEO was down by 6.6%, Bitcoin Gold lost around 8% and Filecoin with a drop in value of 6.5%. On the other side, coins which managed to end the week in green were Tether, with an increase in cap by 0.7%, Monero added also 0.7% in value to its market cap and Tron, which surged by almost 5% w/w. Changes in circulating coins continue to be higher than they usually are. Solana, Polkadot and Filecoin increased their circulating coins by 0.3% each compared to the previous week, while Algorand had a decrease of 0.2%, and Tron dropped by 0.1%. Crypto futures market The crypto futures ended the Friday trading in a mixed manner. While short term futures were up by 1% for BTC and more than 5% for ETH, still long-term futures were traded with a drop in prices from the week before. BTC long term futures were down by some 3% on average, where futures with maturities in December this year ended the week at price $29.685. Futures ending in December next year are still holding above $30K level, ending the week at a price of $30.560. ETH futures ending in December this year were traded by 2.56% lower from the week before, and finished the week at level of $1.900. Futures maturing in December next year were down by 2.35% on a weekly basis, ending the week at price $1.954. ETH`s futures curve continues to be inverted, revealing market expectations for the price of this coin in the coming period.by XBTFX7
Crypto may need to take a breather here.Hello everyone! The crypto market's recent price surge may need a breather, especially with the dollar's potential upswing. It's an ideal time for the market to either retrace or consolidate for some time. Stay safe and stay liquid.by MedianLineAnalysis0
$TOTAL CRYPTO REALITY CHECK‼️Weekly Chart a clear bearish divergence on RSI and MACD indicating weakness in this rally in CRYPTOCAP:TOTAL crypto market cap. Shortby Sovryn_Matt222
Crypto Total Market Cap - Daily Chart Analysis (DCA) Hello and thank you for taking the time to read my post. Today, we analyze the Crypto Total Market Cap chart on the daily scale, which represents the combined capitalization of the entire cryptocurrency market. This chart often provides clearer and more reliable signals, possibly due to the fact that it cannot be traded directly. As we delve into the classic price patterns present on this chart, make sure to get comfortable and follow along as we progress from left to right, examining the most recent price patterns. Analysis: Starting with a 245-day descending triangle, we can see that it has already broken out. The breakout target is illustrated on the chart and is still in progress. Within this ascending triangle, we witnessed a few smaller price patterns, such as a bearish continuation pattern in the form of a descending triangle and a bullish reversal pattern as a rectangle, which led to the breakout. Since then, an uptrend has emerged, and the price has successfully surpassed the 200 EMA and maintained its position above it. Currently, we're observing the latest price pattern, a head and shoulders formation. Given its position, it appears to be a continuation pattern, as it's neither at the top nor the bottom. At 47 days old, it's possible that the right shoulder is still forming. The price is holding remarkably well above the neckline, indicating strong support at this level. While we cannot predict the direction of the breakout, the stronger the support, the higher the likelihood of a bullish continuation. Conclusion: This leads us to our price target. To determine this, we take the height of the price pattern and add it to the potential breakout point of the right shoulder. The resulting target can be seen on the chart. If this scenario plays out, we can anticipate a higher market capitalization for the entire crypto market, which is a positive development for the industry. In conclusion, the Crypto Total Market Cap daily chart presents various classic price patterns that can provide valuable insights for traders and investors. Monitoring these patterns and the overall market trend can help market participants make informed decisions and better prepare for potential price action. Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, Karim Subhiehby KarimSubhiehUpdated 5
total 2023 - 2024Based on the wave count, we are completing wave 5 of the chart above. Wave five is boring and a bit slow to happen, but if you are patient and buy altcoins, you might get rich. This is not a financial offer. But according to this review, I have already purchased a large amount of Dogecoin and TRXLongby ehsan_chegeni110
CRYPTO week ahead: April 30 – May 6Last week in the news Another week marked with potential failure of the banks in the US. The First Republic Bank was for one more time in the news as its share price significantly dropped in value during the previous week. For one more time, the crypto market has been supported by insecurity of depositors in the banking sector. On other hand, equities gained on earnings reports. Bitcoin is finishing the week modestly below $30K, Ether is holding above $1.9K. Situation with the First Republic Bank is not improving. The bank went into problems during the same period when Silicon Valley Bank and Signature Bank collapsed, but managed to survive the first wave of troubles in the banking sector. Management of the bank managed to buy some time to restructure the bank and put it into recovery. However, as per news from the previous week, it seems that this will not be the case. Share price of the bank dropped by 43% on Friday, as the news spread that the Federal Deposit Insurance Corporation would most probably have to step in. Since the beginning of this year, shares of the bank dropped by 97%. This news once again supported the crypto market, bringing BTC back to $30K level. Crypto industry requires clear guidance from regulators, however, SEC Chair Gansler noted that current regulation is sufficient and that the industry needs to comply with it. Coinbase (COIN) was the first company to fight for this guidance through court. Namely, the company used U.S. Circuit Court to pressure SEC to answer with simple “yes or no“ to the company`s petition from July last year, when they officially asked SEC to “propose and adopt rules to govern the regulation of securities that are offered and traded via digitally native methods”. The SEC did not make any comments on Coinbase's petition. The Blockchain Association CEO, Kristin Smith, commented on the current state of developments as “absolute war” between crypto industry and US regulators. Regardless of regulators' view, the mainstream industries are continuing to incorporate crypto currencies and wallets into their business. Mastercard announced the launch of verification standards for cross-border transactions, called Mastercard Crypto Credential. These set of credentials will allow compliance with the Financial Action Task Force`s travel rules. At the same time, PayPal announced that the company will enable on-chain transfers from Venmo wallets, from May this year. Ripple announced its XRP Markets Report, noting that the company sold HKEX:361 million worth of XRP tokens in Q1 this year, which is an increase from HKEX:226 million in Q4 2022. Ripple is developing its international payment network which is based on XRP token, with the aim to allow international payments excluding correspondent banking. During the forthcoming week, both ECB and FED` rate decisions are scheduled, which promise some increased market volatility. Crypto market cap Banking crisis continued in the US, with First Republic Bank currently in the spotlight. The latest news published by CNBC on Saturday is that a few big banks, including JPMorgan and Bank of America are asked to place bids for First Republic Bank. Such news is increasing the insecurity of bank depositors and, at the same time, positively impacting the price of major coins. Depositors are seeking a safer place for their funds, transferring part of their funds into crypto coins, especially Bitcoin. Similar situation we have already seen with the collapse of SVB and Signature bank, which drove the price of BTC toward the $30K. Total crypto market capitalization was increased during the previous week by 3%, adding FWB:33B in value of the market. This drive was mostly influenced by Bitcoin, which added $30B to the cap on a solo basis. At the same time, daily trading volumes were modestly decreased to the level of $52B on a daily basis, from $71B achieved during the week before. Total crypto market capitalization increase since the beginning of this year currently stands at 54%, where it has added a total $409B to the market cap. Due to the banking crisis, BTC was the absolute winner of the previous week. The coin managed to gain $30B in value, increasing its market cap by 5.7%. BTC was followed by Ether, which managed to add $3B to its market cap, increasing it by 1.3% w/w. Other coins were traded in a mixed manner. BNB was on a losing side, decreasing its cap by $1B or 2%. Coins with good performance in relative terms were Litecoin, with an increase in cap by almost 4%, Solana gained 6%, Filecoin 3% and ZCash 3.3%. Few coins lost significantly in value during the week like OMG Network with a drop in value of 12% and Algorand who lost 8.3% in value. As for coins in circulation, there has been a relatively larger number of small changes, among which Tether continued to gain with 0.3% w/w, while Filecoin, Polygon and Polkadot gained 0.3% each in total circulating coins. Crypto futures market The price of Bitcoin continues to be supported both on the spot market and on the futures market. Banking crisis pushed the price of the BTC futures to the upside during the previous week, where short term futures were traded by almost 8% higher from the end of the week before, while futures with longer maturity closed the week by some 6% higher. Futures maturing in December 2023 were traded at price $30.5K, while those maturing in December next year ended the week at price of $31.3K. Market continues to positively perceive future prospectus of BTC price. At the same time, ETH futures were traded in a mixed mode, and without any significant change in price from the week before. Short term futures were up around 3%. Positive developments were with futures maturing in December this year, where the price managed to hold above $1.9K. Price for the futures maturing in December next year remained almost unchanged, but on a positive side is that it still holds above $2K. by XBTFX10
Total Crypto Market Cap Chart Analysis: Key Levels to Watch Total Crypto Market Cap Chart Analysis: Key Levels to Watch and Future Price Predictions Cryptocurrency has been on a rollercoaster ride in recent years, with market volatility being a common occurrence. In this article, we will analyze the total crypto market cap chart and identify key levels to watch, as well as provide future price predictions based on current trends. Key Levels to Watch: The total crypto market is currently trading within a parallel channel and has been rejected from a strong resistance level at $1.25T. The next support levels to watch are $1T and $960B, which could be potential retest levels. If the market breaks the $1.50T level, it could hit a new all-time high, potentially reaching resistance levels at $2T and $3T. Future Price Predictions: Based on the current trends and market analysis, we can expect the total crypto market to continue its upward trend in the long term. The next bull market could see the total crypto market cap reaching around $10T, presenting a massive growth opportunity for long-term investors. Conclusion: As the crypto market continues to evolve, it is important to stay up-to-date on the latest market trends and key levels to watch. While volatility can be expected, investors who take a long-term view may find opportunities to capitalize on the market's growth potential. Keep an eye on the support and resistance levels mentioned in this article to stay informed and make informed investment decisions. Follow us for More Quality updates. Thank youLongby CryptoPatel3310
Total marketcap analysisAccording to the total chart data, we will have two scenarios ahead: The first scenario : Increase liquidity in the market According to the chart data, we are now in a support area marked in green, if this area is maintained, we expect liquidity to increase to the blue areas. Second scenario: decrease in liquidity If the blue areas that act as support are lost, we will see liquidity fall to the purple area My personal opinion: Due to the failure of the average of two hundred days in the chart and its re-pullback (blue circles), I predict that the first scenario will happen and increase the liquidity in the cryptocurrency market A smart trade should always have appropriate solutions Trade smartlyby ExduS0210