Crypto Total Market Cap (TOTAL) | 1WCrypto Total Market Cap, $CRYPTOCAP:TOTALNeomwayThe crypto market cap represented by the symbol TOTAL can be considered the most important index for analyzing the cryptocurrency market, although I believe that analyzing Bitcoin itself, given its strong positive correlation with the TOTAL index, would yield similar results. In the attached image, the red line actually indicates the overall resistance level of the symbol, and the drawn parallel channel illustrates the current upward trend of the TOTAL symbol, which is now on the verge of encountering its round resistance at 4 trillion dollars. While we should expect a correction around this level, breaking through the 4 trillion dollar resistance could likely lead to a market cap of 6 to 7 trillion dollars in the next phase. On the other hand, with support at 2.4 trillion dollars based on the 100-week SMA on the weekly timeframe, the 750 billion dollar level—marked by a green zone in the image—can still be considered the most important long-term market support, even before the fifth halving. I will try to continuously update this analysis of the TOTAL symbol according to market changes and developments. Also, I welcome reading your critiques and comments, so don’t forget to leave a comment!