Traders are watching the market closely as #TOTAL MARKET CAP ANALYSIS.
Total market cap has broken out of the ascending triangle pattern with significant volume, signaling strong bullish momentum. Currently, it is trading below the horizontal supply zone, which is acting as a key resistance level. A solid breakout above the supply zone could trigger further upside, while rejection from this level may lead to a pullback.
Order flow around the market key levels remains critical.
#Bitcoin #MarketUpdate
Total market cap has broken out of the ascending triangle pattern with significant volume, signaling strong bullish momentum. Currently, it is trading below the horizontal supply zone, which is acting as a key resistance level. A solid breakout above the supply zone could trigger further upside, while rejection from this level may lead to a pullback.
Order flow around the market key levels remains critical.
#Bitcoin #MarketUpdate
