Double Top (1h)Ratio Total Market Cap Excluding BTC, ETH and Stablecoins to BTCCRYPTOCAP:TOTAL3ESBTCjsd303TOTAL3ESBTC has formed and confirmed a textbook double top, with peaks near 0.347821 and a neckline at 0.336428. The measured move projects a downside target of approximately 0.3250, aligning closely with prior horizontal support. Today’s hotter-than-expected PPI report adds macro pressure to an already bearish technical setup, potentially accelerating the move toward the target. Key Points: Pattern: Double top Top: 0.347821 Neckline: 0.336428 Target: 0.3250 (measured move) Invalidation: if price reclaims and holds above 0.336428 Trade Considerations: Aggressive traders may already be short from the breakdown Conservative traders could wait for a neckline retest and rejection before entry Monitor volume behavior to confirm momentum Disclaimer: This is not financial advice. Always do your own research before trading.