📊 TOTAL |

A Real-Time View of the Entire Crypto Market

Instead of focusing on a single coin this time, let’s look at the market as a whole.

On the monthly timeframe, the market staged a strong defense at the $2T level and bounced back up; effectively, this level has acted as the market's primary floor for now.

Here is the crucial point:

The $2.52T–$2.62T range has been reclaimed.

This zone was the battleground between buyers and sellers, and the market is currently trading above it.

As long as we remain above this area, the buyers hold the upper hand.

However, the key confirmation is:

A monthly close above $2.62T.

If the month closes above $2.62T:

The first target could be the $3.2T range,

and the next major resistance lies around $3.45T.

But if we fall back below $2.52T and close there,

the likelihood of a return to the $2T level becomes significant again.

For now, the structure indicates:

The floor has been defended, the midline reclaimed, and the buyers currently have the upper hand.

Weekly Timeframe

Here, the perspective shifts completely.

We initially saw a rapid decline;

Bitcoin dropped from the $125K range down to around $57K.

However, the market did not subsequently enter a prolonged downtrend.

It remained within a specific range for about 225 days, effectively entering an accumulation phase.

This means the market spent nearly seven months absorbing selling pressure and building a new structure.

We have only just broken out of that accumulation range and moved into a higher zone.

For this reason, we do not expect everything to move straight up in a single surge;

this new zone could also serve as a base for building a new structure for some time.

And the level that will determine the path forward is:

$3.15T

🚨 A very serious warning:

The $3.15T level could be one of the most dangerous zones in this move.

If the TOTAL market cap reaches this resistance and fails to establish itself above it,

there is a potential for all the gains Bitcoin has made from the lows to be wiped out.

In other words, $3.15T is not merely a simple resistance level;

it could be the point that reverses the entire current bullish move.

Therefore, the market's reaction to this zone must be taken very seriously.