The crypto market cap surged by $474 billion in just one week, marking the biggest weekly increase in crypto history.
That’s a 22% jump and the largest weekly candle since February 2021, following nearly three months of sideways consolidation.
The current structure is starting to resemble the 2022 market bottom, where a long accumulation phase eventually preceded a multi-year rally.
The next major resistance sits at the 50-week WMA around $2.73 trillion. A decisive breakout above it could pave the way toward $3.25 trillion.
If history repeats, this base could be setting the stage for another major multi-year expansion.
$BTC $ETH
#ZECBreaksKeyResistanceUp75.5%
That’s a 22% jump and the largest weekly candle since February 2021, following nearly three months of sideways consolidation.
The current structure is starting to resemble the 2022 market bottom, where a long accumulation phase eventually preceded a multi-year rally.
The next major resistance sits at the 50-week WMA around $2.73 trillion. A decisive breakout above it could pave the way toward $3.25 trillion.
If history repeats, this base could be setting the stage for another major multi-year expansion.
$BTC $ETH
#ZECBreaksKeyResistanceUp75.5%
