Crypto Total Market Cap – Weekly Chart Analysis & Full Update
The entire crypto market cap is trading within a large ascending channel, keeping the long-term uptrend intact.
Recent Action: After making new highs above $4 trillion, the market has corrected sharply, pulling back to the channel's lower support around $3 trillion USD. This area is a historic pivot and should act as strong support if bulls remain in control.
Upper channel resistance is near $4.4T.
Major horizontal support is well below, near $800B (green zone), but the current structure keeps the market safely above that.
A sustained break below the channel could lead to deeper retracement, while a bullish hold here sets up for another rally.
Holding this channel support can produce a recovery phase, targeting previous highs and new all-time highs.
Losing this support could trigger broader risk-off sentiment and test much lower ranges.
The crypto market is at a critical inflection—channel support is being tested after a steep correction. Staying above $3T maintains the bullish structure. Watch for a decisive bounce or breakdown in the coming weeks.
DYOR | NFA
The entire crypto market cap is trading within a large ascending channel, keeping the long-term uptrend intact.
Recent Action: After making new highs above $4 trillion, the market has corrected sharply, pulling back to the channel's lower support around $3 trillion USD. This area is a historic pivot and should act as strong support if bulls remain in control.
Upper channel resistance is near $4.4T.
Major horizontal support is well below, near $800B (green zone), but the current structure keeps the market safely above that.
A sustained break below the channel could lead to deeper retracement, while a bullish hold here sets up for another rally.
Holding this channel support can produce a recovery phase, targeting previous highs and new all-time highs.
Losing this support could trigger broader risk-off sentiment and test much lower ranges.
The crypto market is at a critical inflection—channel support is being tested after a steep correction. Staying above $3T maintains the bullish structure. Watch for a decisive bounce or breakdown in the coming weeks.
DYOR | NFA
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פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.