The cryptocurrency market is on the verge of explosion: breaking through $3.46 trillion will pave the way to $5 trillion
The total capitalization of the cryptocurrency market is now approaching the key mark of $3.46 trillion. According to fresh technical analysis, this is a level behind which the market could enter a new impulse growth phase — with targets up to $4.2–5.26 trillion.
📈 Why this is important:
The market has completed a long correction (wave F) and has begun to form an upward wave G — this is a classic signal for the start of a strong bullish movement.
💥 If the breakout happens — a powerful rise will begin, confirmed by the chart and volumes.
⚠️ If it pulls back down — a drop to $2.73T is possible, in the worst case — down to $2.41T (–13%).
🔍 All attention is now on the $3.46 trillion zone. This is the market activation point.
It depends on this: will we see historical growth or yet another deep "shakeout" before the leap.