#TOTAL MARKET CAP ANALYSIS

The total cryptocurrency market cap is consolidating within a descending channel, signaling uncertainty and potential volatility. This pattern suggests a continuation of the bearish trend, urging traders to watch for a breakout or breakdown to confirm the next move.

The Ichimoku Cloud is a key resistance, rejecting upward price movement and reinforcing bearish momentum. As long as the price stays below the cloud, the likelihood of further declines remains strong.

Patience is essential in this market. A breakout above the Ichimoku Cloud could hint at a bullish reversal, while a breakdown below the channel would confirm continued bearish momentum. Traders should wait for a clear signal before making decisions.