#TOTALMARKETCAP ANALYSIS
The Total Market Cap is retesting the horizontal S/R level, while the Ichimoku cloud is acting as a key support zone, reinforcing the current market structure.
A successful retest and sustained hold above this level could trigger a strong bullish rally across the crypto market.
However, a failed retest and breakdown below this key level could lead to further downside. Keep a close eye on upcoming price action for confirmation.$BTC $TUSD
The Total Market Cap is retesting the horizontal S/R level, while the Ichimoku cloud is acting as a key support zone, reinforcing the current market structure.
A successful retest and sustained hold above this level could trigger a strong bullish rally across the crypto market.
However, a failed retest and breakdown below this key level could lead to further downside. Keep a close eye on upcoming price action for confirmation.$BTC $TUSD