TOTAL - Another Perfect Prediction!Crypto Total Market Cap, $CRYPTOCAP:TOTALVIAQUANTSince May 11th, TOTAL has wiped out over $300 billion since my Double Top idea. Let's review that post and break down why this move happened and how I was able to predict it in advance: At the time of my post, TOTAL was trading at $2.68T after I noticed a clear top forming around the $2.71T level. What gave me added confluence was the fact that BTC had topped twice above $82,000 and started creating lower highs on the lower timeframe. This was in perfect alignment with my "Main Target" for BTC to reach its next macro lower high in the trend, so TOTAL topping at $2.71T was no coincidence: The next thing I noted was how the $2.71T - $2.73T level had marked very significant pivot points for the entire crypto market's trend. I specifically stated "with current price action developing around such a significant market cap level that has acted as two major pivot points over the past two years, this could very well end up being the next major pivot point before the next drop to the downside begins." To understand the other significant market cap values to watch on the weekly timeframe, review this idea: Finally, I outlined the lower timeframe support zone as well as the lower timeframe market structure that BTC was rejecting from here: The reason this is important is that the lower timeframe demand zone from my BTC idea aligned directly with the lower timeframe support zone from my TOTAL idea. This was a key determining factor for when the breakdown toward $2.4T would occur. I stated "if that lower timeframe support zone is lost it will most likely flip back into resistance and a decline toward $2.41T (the 0.618 Fibonacci) will begin. It is difficult to say exactly where that move would put Bitcoin, but it could range anywhere from $70,000 to $72,000." On the chart I have marked exactly where that breakdown occurred for TOTAL from the lower timeframe support zone. That zone has now flipped into new supply and sellers have wiped out an additional $200 billion from the cryptocurrency market cap, bringing TOTAL exactly to the 0.618 Fibonacci level. Yesterday, TOTAL saw the first test of that level with BTC reaching a low around $72,500, just slightly above my predicted BTC range. However, this dump may not be complete. The RSI outlined at the top of the chart formed a bearish divergence that sent momentum back toward oversold conditions, but momentum has continued to decline and the RSI is still showing signs of continued weakness with lower lows. If TOTAL is to have a rebound from this key Fibonacci level it is vital to start showing trend momentum back to the upside and building market structure to prove that. Right now, TOTAL has held 2 tests of the 0.618 (green arrows) and now just needs to see some follow through with the RSI. If it cannot, BTC still has the $70,000 target and ETH the $1,800 target to complete the structured breakdowns I have outlined here: