TOTAL3 (Total Market Cap excluding BTC and ETH) is currently oscillating between $1 Trillion and $1.1 Trillion, presenting a tight range that traders are closely monitoring. Here’s what could happen next:
1. Range Rebound: A dip to $1 Trillion with a strong bullish rejection at this support could drive the market to test the top of the range at $1.1 Trillion.
2. Breakout Opportunity: A successful breakout above $1.1 Trillion would signal bullish momentum, potentially lifting Altcoin Market to $1.2 Trillion and marking the continuation of Altseason.
3. Bearish Scenario: Failing to hold the $1 Trillion support level would likely trigger short-term bearish sentiment, pushing Altcoin Market cap down by approximately 10%, targeting $0.9 Trillion.
1. Range Rebound: A dip to $1 Trillion with a strong bullish rejection at this support could drive the market to test the top of the range at $1.1 Trillion.
2. Breakout Opportunity: A successful breakout above $1.1 Trillion would signal bullish momentum, potentially lifting Altcoin Market to $1.2 Trillion and marking the continuation of Altseason.
3. Bearish Scenario: Failing to hold the $1 Trillion support level would likely trigger short-term bearish sentiment, pushing Altcoin Market cap down by approximately 10%, targeting $0.9 Trillion.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.