#TOTAL3 Update:
This $738B–$743B level is extremely important for altcoins right now. It’s been a key support area throughout the recent consolidation, and price is once again testing it on the Daily TF.
As long as TOTAL3 continues to hold and close above this level, I’m still open to looking for longs across alts. A strong bounce from here could set up another move toward the recent highs.
However, if we start getting daily closes below this support, I’d become much more cautious on alt longs as it could signal a deeper pullback across the market.
This is definitely a level I’m watching closely.
#Crypto #BTC Price Analysis# #Altcoin Season# $USDT $ETH $BTC
This $738B–$743B level is extremely important for altcoins right now. It’s been a key support area throughout the recent consolidation, and price is once again testing it on the Daily TF.
As long as TOTAL3 continues to hold and close above this level, I’m still open to looking for longs across alts. A strong bounce from here could set up another move toward the recent highs.
However, if we start getting daily closes below this support, I’d become much more cautious on alt longs as it could signal a deeper pullback across the market.
This is definitely a level I’m watching closely.
#Crypto #BTC Price Analysis# #Altcoin Season# $USDT $ETH $BTC
