📊 Why is it important to look at the total market at the time of each trade?
🔍 1. The overall market trend becomes clear
If Crypto Total Market Cap (TOTAL or TOTAL2) is going up, it means that capital is entering the market overall — indicating a bullish environment.
📉 But if the market cap is going down, most coins will also experience a decline, no matter how strong their charts look.
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⚠️ 2. Protects against False Breakouts
Often, a coin may look bullish on its own, but if the market cap is falling, that breakout fails.
✅ TOTAL2 will confirm whether the breakout or trend is really strong or not.
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📉 3. Indicates the direction of Altcoins
• TOTAL2 (Market cap excluding BTC) is particularly important for altcoin trading.
• If TOTAL2 is going down, entering altcoins can be risky.
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🧠 4. Estimates Smart Money
When volume and growth come into the market cap, it indicates that large investors are entering the market.
When the market cap is falling, understand that smart money is exiting.
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🎯 5. Helps in High Probability Entries
Taking trades according to the market cap trend will:
• Will give more accurate entries
• Better SL and TP positioning
• And will reduce overall risk
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✅ Conclusion:
"If the overall market is weak, the strength of individual coins won't last long either."
Therefore, always check the 15M or 1H chart of TOTAL or TOTAL2 before each trade.