#TOTAL MARKET CAP ANALYSIS

#TOTAL MARKET CAP ANALYSIS

The total market cap is poised to retest the descending triangle, with the Ichimoku cloud currently acting as a support level.

A successful retest above the triangle would serve as a clear indicator of a return of bullish momentum to the market.

However, in the event of a failed retest, the market is likely to test the horizontal support within the triangle.