TOTAL 2 - Trend Analysis Crypto Total Market Cap Excluding BTC, $CRYPTOCAP:TOTAL2AnasMohsenUpdated Price Action Insights: Price rejected cleanly from the upper FVG near 1.55T (still acting as dominant resistance). Now consolidating / weakening under FVG 1, after briefly testing it. Lower highs are forming, and price is struggling to reclaim key levels = signs of bearish structure development. FVG 2 is still untouched = clean liquidity pocket + aligned with the 0.5 Fibonacci retracement (~1.35T). 🧠 Interpretation: ✅ Yes — this looks like a developing short-term downtrend, with the most probable target being FVG 2. Here’s why: Factor Observation Market Structure Forming lower highs and lower closes — early signs of a bearish wave. Liquidity Targets FVG 2 is clean and unfilled — ideal magnet for smart money correction. FVG 1 ReactionWeak bounce; no strong bullish continuation = likely to give way. Fib Confluence0.5 level is classic corrective support + matches with FVG 2. 🔽 Breakdown Path Projection: Step 1: Lower highs continue forming ↓ Step 2: Breakdown below FVG 1 (~1.42–1.40T zone) ↓ Step 3: Liquidity sweep / test into FVG 2 (~1.35T) ↓ Step 4: Watch for bullish reversal structure (engulfing, pin bar, volume) 🎯 Trading Bias: Short-term bias: Bearish Primary liquidity target: FVG 2 Reversal trigger zone: Around 1.35T, with confirmation 📌 Strategy Tip: If you're planning a trade: Avoid buying in FVG 1 unless it flips with conviction and volume. Ideal long entries would be in FVG 2 with clear confirmation (price action or RSI divergence). Use the high of the last lower high (above FVG 1) as a stop-loss anchor for any countertrend longs from FVG 2.