#TOTAL MARKET CAP ANALYSIS
The total crypto market cap is currently consolidating within a rising wedge pattern, trading just below the resistance trendline. The Ichimoku Cloud is indicating strong bullish momentum, suggesting potential upward pressure.
A breakout above the wedge would signal a new peak for the total market cap. However, the pattern also carries the risk of a downward move, so it's important to watch price action closely at this level.