🌐 TOTAL MARKET CAP ANALYSIS

The total crypto market cap is currently consolidating within an ascending channel, signaling a healthy and controlled uptrend. Price action remains above the channel's support trendline, a critical level to watch closely.

🔹 The Ichimoku Cloud is also providing dynamic support, further strengthening the case for a potential bullish bounce at current levels.

🔹 This confluence of technical support zones indicates that the market may be gearing up for another leg higher.

⚠️ However, a breakdown below the channel support could invalidate the short-term bullish structure. This may lead to a temporary correction and heightened market volatility across the crypto space.

Key Levels to Watch:

✔️ Support – Channel trendline + Ichimoku base

❌ Breakdown – Signals caution and possible short-term dip

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