TOTAL2 Update (Market Capitalization of Alternative Cryptocurrencies)
The market capitalization of alternative cryptocurrencies has reached a major resistance area and faced rejection — opening the door to the possibility of a short-term pullback.
Eyes are now on Bitcoin — its next move will determine the direction of the entire market.
If Bitcoin breaks the resistance level at $105,000, alternative cryptocurrencies may follow with strong and explosive momentum. However, if that does not happen, expect some pullback and calm in the alternative cryptocurrency market as well.
Stay alert. Risk management is crucial.
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