The total crypto market cap is currently facing strong rejection from a key horizontal supply zone, while still holding above the rising support trendline.
At the same time, the Ichimoku Cloud is acting as overhead resistance, limiting upside momentum in the short term.
👉 Key scenarios:
Bullish case: Holding above the support trendline could trigger a market-wide recovery and renewed bullish momentum.
Bearish case: A clean breakdown below the trendline would likely open the door for a deeper correction across the market.
⚠️ This is a decision zone — the next move will define market direction.
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#TOTAL Market Cap Analysis
The total crypto market cap is currently facing strong rejection from a key horizontal supply zone, while still holding above the rising support trendline.
At the same time, the Ichimoku Cloud is acting as overhead resistance, limiting upside momentum in the short term.
👉 Key scenarios:
Bullish case: Holding above the support trendline could trigger a market-wide recovery and renewed bullish momentum.
Bearish case: A clean breakdown below the trendline would likely open the door for a deeper correction across the market.
⚠️ This is a decision zone — the next move will define market direction.